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

LTCUSD has broken out of the Channel Down pattern and is expected to reach 77.1613 soon.

The last 3 15 Minutes candles on LTCUSD have formed a Channel Down pattern and broken out through the pattern lines, indicating a possible bullish movement toward the price level at 77.1613.

An interesting opportunity in XAUUSD after breaking 4318.615645161291.

XAUUSD has broken through the support line, which it has tested twice before. We have seen it retrace from this line before, so wait for confirmation of the breakout before trading. If this new trend persists, a target level around 4295.5352 may materialize within the next 2 days.

GBPJPY reached 210.3575 after a move of 1.06% spanning 12 hours.

A movement of 1.06% over 12 hours on GBPJPY does not go unnoticed. You may want to consider where it is heading next: a continuation of the current upward trend or a reversal of the prior trend.

Because NGC/USD has formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through the support, it may move much lower.

An emerging Falling Wedge pattern has been detected for NGC/USD on the 1 hour chart. There may be a move toward 3.6705 in the next few candles. Once it reaches the support, it may continue its bearish run or revert to current price levels.

USDJPY is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 4 days.

A Rising Wedge pattern was identified for USDJPY at 155.7115, suggesting it may move toward the resistance line at 156.2232. It may break through that line and continue the bullish trend, or reverse from it.

FTSE100 is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 10 days.

FTSE100 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 10 days and may test it again within the next 13 hours.

NAS100 is approaching a resistance line that has been tested at least twice before

NAS100 is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If NAS100 continues on its current trajectory, it could reach 25048.5804 within the next 2 days.

Latest company news, corporate actions and partnership announcements

Autochartist, a world-renowned technology partner that provides real-time financial market analysis, has been recognized as the “Most Comprehensive Market Analysis Provider” by

Autochartist and Swissquote have recently embarked on an impressive collaboration in which Autochartist’s Advanced Technical Analysis has been deeply integrated into their proprietary trading platform, “Advanced Trader”. This integration creates an intuitive experience for their extensive client base of global CFD traders. One of the standout features of this integration is the ability to execute […]

Today we spotlight a new Autochartist code library developed exclusively for brokers. This product creates a synergistic relationship between Autochartist, TradingView charts, and Broker platforms. Autochartist is a global leader in technical analysis for financial markets, and through its partnership with brokers around the world, it serves millions of traders in over 100 countries by providing analysis […]

I’m excited to have the opportunity to speak with you today about your experience as the head of customer training at Autochartist. To begin, can you tell me about your experience working at Autochartist? What has been the most rewarding aspect of your role, and what have been some of the biggest challenges you’ve faced? […]

Global Trade Capital Limited (GTCFX) – a leading online brokerage house, has announced its implementation of cutting-edge data analytics solutions from Autochartist, a trusted leader in automated financial market analysis. GTCFX has chosen Autochartist for its trusted reputation in the fintech brokerage industry. The partnership will allow GTCFX to offer award-winning decision-making tools to their […]

Autochartist, a world-renowned technology partner that provides real-time market analysis for traders, was named “Most Comprehensive Market Analysis Provider – Global” by the ForexRating.com Awards 2022. This award specifically highlights excellence in investment analytics solutions for financial markets and recognizes vendors providing exceptional and innovative infrastructure, technology, and data solutions.  Autochartist provides a broad range […]

Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United Kingdom, and APAC. Context Analytics (CA), a global leader in Unstructured Financial Data processing has partnered with Autochartist to distribute its social media sentiment analysis tool into Europe, the United […]

Interesting trading articles, ideas, and thought leadership

For new traders, the first encounter with a trading platform can often feel like stepping into the cockpit of an

Anyone who ventures into online investing understands that trading has an inherent risk. That first trade is nerve-wracking, no matter how prepared you think you are.  Many brokers focus only on the tools their clients need to execute trades efficiently – often neglecting to help clients, especially new traders, understand the choices surrounding a sound […]

What do online trading and sport have in common? At first glance, the world of online trading and the realm of sports might seem like distant relatives. Yet, they share a DNA beyond the surface level. They are both arenas where strategy, psychology, and performance intersect in the pursuit of victory.  Once you start exploring […]

In the dynamic domain of retail trading, where instruments like contracts for differences (CFDs) are prevalent, brokers play an instrumental role in the success of new, inexperienced traders.  Despite controlling smaller sums than institutional investors, retail traders encounter significant risks. Brokers can decrease the steep learning curve by helping traders discern and embrace trading styles […]

In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated. Raw data and financial metrics are vital, but the views held by popular media often impact investment choices. The market perceptions shaped by news articles on companies and financial instruments are pivotal for traders. Let’s […]

In an era where global interconnectivity defines market dynamics, supply chain disruptions have become an increasingly important factor to consider in commodity trading. Stemming from various global events, these disruptions profoundly impact the flow and pricing of commodities. This article takes a brief look at these impacts, offering insights into navigating these challenges more effectively. […]

The finance sector, known for its dynamic and ever-evolving nature, is undergoing a significant transformation. As pivotal players in this domain, brokers play a crucial role in adapting to these changes to accommodate an evolving global mindset. Online brokerage firms provide the primary interface for retail traders; therefore, understanding and navigating these shifts is not […]

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