Daily Top Trade Setups: Advanced Forex, Indices, Commodities, and Stock Analysis

Because NGC/USD formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

A Triangle pattern was identified on NGC/USD at 4.0625, creating an expectation that it may move to the resistance line at 4.1999. It may break through that line and continue the bullish trend or it may reverse from that line.

Supports and resistances are primary concepts of technical analysis. XAUUSD is heading for an important price of 3105.9299 – read about what this could mean for the future.

A strong support level has been identified at 3105.9299 on the 15 Minutes XAUUSD chart. XAUUSD is likely to test it soon.

S&P500 may be on a start of a new bearish trend after its breakout through this important support level

S&P500 has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 5494.8921 within the next 17 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Important price line being approached by EURUSD. This price has been tested numerous times before.

The price of EURUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

LTCUSD is approaching 84.5100. We expect either a breakout through this line, or a rebound.

The price of LTCUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

BRN/USD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.

BRN/USD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 22 hours and may test it again within the next 5 hours.

Breach of support could mean a start of a bearish trend on NAS100

NAS100 has broken through a support line of a Rising Wedge and suggests a possible movement to 19089.9198 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]

Latest company news, corporate actions and partnership announcements

CPattern and Autochartist are proud to announce a joint technology collaboration to enable professional content personalization for traders. This technology

Autochartist, a leading global fintech provider, is proud to announce the launch of its innovative content personalization solutions. The new solutions offer online brokers the opportunity to deliver personalized content based on trader behavior such as traded instruments, hours of activity, trading style, and risk profile. The development of the solution comes as a result […]

With the addition of Autochartist to ATFX’s WeChat, traders from all levels can learn how to set their stop-loss and take-profit orders based on analysis of an asset’s volatility. The global award-winning broker ATFX has just added Autochartist analytics and actionable content to their official WeChat account. Autochartist is a program which can identify chart […]

LeapRate Exclusive… ATFX has just announced that it has teamed up with the automated market analysis software provider Autochartist to offer trading analysis to its clients in China. Autochartist offers market analysis in 28 different languages, which combined with more than 14 languages that ATFX already offers, will give ATFX clients a wide range of language […]

Trade29 is delighted to announce the availability of “C1 Analyzer Pro” for “Sierra Chart”. Powered by Autochartist, the product consists of a set of studies that can be used on 25+ futures markets. This has been a joint collaboration between Autochartist, Infinity Futures and Trade29 Software. Our initial motivation for this work was the quality […]

One of Turkey’s largest domestic banks, IS Bank has launched the Autochartist market analysis service within its mobile application, making them the first Turkish financial institution to service Autochartist customers directly on Mobile. Autochartist, an award-winning provider of financial market analysis has been integrated into the IS Bank’s mobile application to make the trading process […]

20 Feb 2018 – Autochartist is proud to announce that it has concluded acquisition of a controlling stake in VerifyMyTrade – www.verifymytrade.com – a company specializing in measuring the quality of execution in the retail forex market. The VerifyMyTrade Trust Builder enables traders to verify, via an industry acknowledged impartial service provider, whether the price they receive […]

Interesting trading articles, ideas, and thought leadership

The financial markets are no stranger to turbulence, but the events of early August 2024 had investors gripping their seats

Artificial Intelligence (AI) and Machine Learning (ML) are improving quickly. The ripples are being felt in the trading industry, with increased big-data processing and improved methods to anticipate market movements and develop trading strategies. As we move into the second half of 2024, several key trends and developments are shaping this landscape, making it an […]

As the daily news headlines keep us updated on the ever-changing markets, online brokerages face unique challenges. From economic uncertainties that directly affect trading and investment choices to maintaining their business advantage in a competitive environment, here are some ongoing broker challenges shared by many online retail trading firms. These highlight the dynamic nature of […]

Understanding market sentiment can provide traders with unique insights in the fast-paced world of trading. Market sentiment analysis, which involves analyzing news and social media to gauge the mood and attitudes of market participants, is becoming increasingly popular. By leveraging these insights, traders can make more informed decisions and optimize their trading strategies. Here’s a […]

Technical analysis remains a fundamental tool for traders seeking to understand market dynamics and make informed decisions in 2024 and beyond. Advanced tools that use technical analysis and pattern recognition empower traders in ways previous generations couldn’t have imagined. Automatic identification of trading opportunities enables traders to fine-tune their strategies with increased confidence and complete […]

Cryptocurrency exchange-traded funds (ETFs) have emerged as a hot topic in the financial world, seeking to bridge the gap between traditional finance and the crypto market. As traders seek innovative ways to diversify their portfolios and capitalize on market trends, understanding crypto ETFs is a good starting point. What is a Spot Bitcoin ETF? A […]

What if the next generation of traders doesn’t care about traditional investments? Gen Z, born between 1997 and 2012, continues to demonstrate a significant force in retail trading and investment. Their unique approach to investing, heavily influenced by social media and a preference for alternative assets, marks a departure from traditional trading strategies, and brokers […]

Ask your broker today or sign up for a demo
from the Technical Analysis page.