• Autochartist identifies potential trading opportunities based on support and resistance levels.
  • Filter trade potential opportunities based on historical performance with using the new Our Favourites feature.
  • Set market-appropriate exit levels by understanding expected volatility
  • Understand the impact of economic news events on the Forex market


FREE PROFESSIONAL EDUCATION AND TRADING IDEAS

  • By: Dima Chernovolov This technical analysis report is based upon a trade opportunity taken from Autochartist's Market Reports.   GBP/USD continues to fall after the recent reversal from the upper resistance trendline of the daily Up Channel chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair. GBP/USD is expected to break this up channel and then to fall to the target level 1.6738 in the next 9 days. Autochartist set the stop-level for this forecast at 1.7177 (point B).  This point formed recently – when the pair reversed down from the resistance area near the long-term pivotal price level 1.7100 (which also earlier reversed the pair in 2009 and 2006 as you can see from the monthly GBP/USD chart below).

    20140724dailyfximage1 (more...)

  • By: Dima Chernovolov This technical analysis report is based upon a trade opportunity taken from Autochartist's Market Reports.   GBP/NZD continues to rise after the recent breakout of the daily Triangle chart pattern that was earlier identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair. GBP/NZD is expected to rise to the target level 1.9910 in the next 4 trading days. Autochartist set the stop-level for this forecast at 1.9379. This point formed recently when the pair reversed up from the support zone (which has been reversing the pair from May) set between the support level 1.9370 and 61.8% Fibonacci Correction of the earlier upward impulse from March.

    20140723dailyfximage1 (more...)

  • By: Dima Chernovolov This technical analysis report is based upon a trade opportunity taken from Autochartist's Market Reports.   EUR/NZD continues to rise after the recent breakout of the Falling Wedge chart pattern that was earlier identified by Autochartist on the daily charts – as you can see from the following trade opportunity alert for this currency pair. EUR/NZD is expected to reach the target level 1.5694 in the next 3 trading days. The pair is currently trading close to the resistance level 1.5569 (B). This resistance level should be broken conclusively for this forecast to be realized in the next 3 trading days.

    20140722dailyfximage1 (more...)

  • By: Dima Chernovolov This technical analysis report is based upon a trade opportunity taken from Autochartist's Market Reports.   NZD/USD has been falling sharply recently – in line with the following trade opportunity alert that was generated by Autochartist for this currency pair last Tuesday. When this alert was generated, the price was expected to break this daily Rising Wedge and then to fall to the target level 0.8714 in the next 4 trading days. The price followed this scenario closely – breaking this Rising Wedge and reaching the target level 0.8714 on the next trading day.

    20140721dailyfximage1 (more...)

  • By: Dima Chernovolov   This technical analysis report is based upon a trade opportunity taken from Autochartist's Market Reports.   Autochartist recently identified the key resistance level 0.9412 (of the type Approach) on the 4-hour AUD/USD charts – as you can see from the following trade opportunity alert for this currency pair. AUD/USD is expected to reach this resistance level in the next 4 hours. Autochartist set the stop-level for this forecast at 0.9305. This forecast is aligned with the earlier upward price impulse from the support zone lying between the support level 0.9300 (which also reversed the pair in June), 50% Fibonacci Correction of the preceding upward impulse from May and the lower daily Bollinger Band.

    20140718dailyfximage1 (more...)

 

COMPANY NEWS

  • OANDA and Autochartist Develop Exclusive Retail FX Trading Feature

    OANDA_logo_newLeading forex broker expands partnership to provide forex traders with new technical analysis tools

    NEW YORK CITY – July 16, 2014 – OANDA, a global provider of innovative forex trading services, is pleased to introduce two new technical analysis features to its clients via the broker’s content partnership with Autochartist: Correlating Signals and Our Favorites.

    A joint product development between the two companies and exclusive to OANDA fxTrade clients, through the Correlating Signals feature investors can receive e-mail notifications flagging trading opportunities when support/resistance levels coincide with chart pattern projections. “At OANDA we pride ourselves on delivering tools that enable our clients to improve their trading strategies and we’re excited to add an exclusive indicator like Correlating Signals to their arsenals,” said Trevor Young, Vice President of Product Management, OANDA Corporation. “The OANDA partner program is a key method through which we continuously innovate, and our work with Autochartist helps us provide powerful, advanced technical analysis tools to retail FX traders.” Another addition to the award-winning fxTrade platform is Autochartist’s Our Favorites. The product provides users with potential trading opportunities with the highest probability of hitting the forecast price. Each opportunity is evaluated against past performance with respect to the pattern type, the instrument and the time of day it was identified. “Our software scans more than 10,000 market data points per minute to identify price trends and chart patterns for traders, and incorporating Correlating Signals is a direct result of OANDA client feedback,” said Ilan Azbel, President and CEO, Autochartist. “Thousands of OANDA’s clients have included Autochartist offerings into their trading day, and we will continue to deliver these innovative joint-development solutions that help clients trade smarter.” OANDA Technical Analysis is available free to all OANDA trading clients. fxTrade Practice account users will have access for a limited time (analysis in the demo environment is delayed by five candlesticks).   For more information, please visit www.oanda.com. You can follow OANDA on Twitter, Facebook, or YouTube. Our-Favourites Correlating-Signals   About Autochartist Since starting up in 2004, Autochartist has partnered with many leading forex, CFDs, equities and commodities brokerage firms across the globe. A decade later, more than 50,000 traders in over 80 countries worldwide receive more than 400,000 trading opportunities per month. Award-winning Autochartist’s core values include commitment to service excellence and ongoing market leadership through developing innovative new products. About OANDA OANDA Corporation transformed the business of foreign exchange through an innovative approach to FX trading. The company’s industry leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. The company’s many awards attest to the power and flexibility of its trading platform. In 2013, OANDA was honored with nearly a dozen awards, including Best Trade Execution Provider, Best Retail Trading Platform, and Best Mobile Trading Platform by International Finance Magazine; as well as Best Value for Money by Investment Trends in each the U.S., U.K., and Asia-Pacific markets. OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Exchange Rates® data provides benchmark rates for corporations, auditing firms, and global banks. OANDA has eight offices worldwide, in Toronto, Chicago, New York, Boston, London, Singapore, Tokyo, and Sydney. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), the Japanese Financial Services Agency (FSA), and the Australian Securities and Investments Commission (ASIC). ******************************************** For media inquiries and image requests, please contact: Cognito for OANDA Corporation Jon Schubin 646 395 6324 OANDAPR@cognitomedia.com www.cognitomedia.com Bernice Couto Global PR Manager, OANDA Corporation 416 593 9436, ext. 111386 bcouto@oanda.com      
  • June 2014 – InstaForex and Autochartist have teamed up to provide InstaForex’s clients with Autochartist’s research and analytics. Both InstaForex and Autochartist offer multi-award winning services to their clients, and this partnership further underpins both companies’ commitment to excellence in their fields.   The Autochartist service will be provided in multiple forms, including a web-based application, email reports, and an MT4/5 plugin, and will service InstaForex’s international client base through provision of all services in 13 languages.  

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    “For new traders, Autochartist makes it possible to include technical analysis in a trading plan without being an expert. Whereas experienced traders benefit from the automated scanning and notification of trading opportunities that may otherwise be missed.” Said Ilan Azbel, President & CEO of Autochartist.  

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    Ilan further said that: “Welcoming a prestigious firm like InstaForex to our community is an honor. We continuously strive to refine our offering based on feedback received from clients. This core value is in line with that of InstaForex. Therefore I believe this relationship’s growth will be based on clients’ needs and all will benefit.”   Anna Kochkina, Director Key Projects at InstaForex comments “We believe that our cooperation with Autochartist - an acknowledged leader in automated technical analysis - will help our clients to make more profitable deals in financial markets and achieve still more success in their trading with InstaForex”   About InstaForex InstaForex was founded in 2007 and is currently considered the leading broker in the Forex industry following acknowledgment through numerous prestigious awards and exhibitions. From 2009 to 2013 the InstaForex company has been achieved the status of being the best broker in Asia and other regions.   Today, InstaForex services are of a great interest for more than 1 500 000 Forex traders all over the world. Opening an account, clients get access to trading on Forex, CFDs on NYSE stocks and also to currencies and commodities futures.   Over and above good trading conditions, InstaForex always strives to provide its clients with the opportunity to make informed trading decisions. That is why more than 20 experts publish quality analytical reviews and professional forecasts daily on the InstaForex official website.   At the moment InstaForex Company is the official partner of world #1 tennis player Victoria Azarenka, the sponsor of Dakar rally participant  - InstaForex Loprais Team and racing team Marussia F1.   About Autochartist Since start up in 2004 Autochartist has partnered with many leading forex, CFD’s, equities and commodities brokerage firms across the globe. A decade later more than 50,000 traders in over 80 countries worldwide receive over 400,000 trading opportunities per month. Award-winning Autochartist’s core values include commitment to service excellence and ongoing market leadership through developing innovative new products.
  • Июнь 2014 г. – InstaForex и Autochartist начинают совместно предоставлять клиентам InstaForex доступ к исследованиям и аналитике Autochartist. Обе компании, InstaForex и Autochartist, предлагают своим клиентам удостоенные многочисленных наград услуги, и это партнерство еще более усиливает стремление обеих компаний к совершенству в своих областях. Сервис Autochartist доступен клиентам InstaForex в различных формах, в том числе в виде веб-приложения, отчетов по электронной почте, плагина МТ4/5, и будет обслуживать международную клиентскую базу InstaForex посредством предоставления всех услуг на 13 языках.   insta     «Autochartist позволяет новым трейдерам включать технический анализ в план торговли, даже не обладая познаниями эксперта. В то же время опытные трейдеры смогут с выгодой для себя использовать автоматическое сканирование и уведомления о торговых возможностях, которые иначе можно пропустить», —  заявил Илан Азбель (Ilan Azbel), президент и главный исполнительный директор Autochartist.   insta2     Илан также добавил: «Приветствовать столь престижную фирму, как InstaForex, в нашем сообществе — это честь для нас. Мы постоянно стремимся совершенствовать наши услуги на основе обратной связи, получаемой от клиентов. Этот наш базовый принцип совпадает с аналогичным принципом InstaForex. Поэтому я считаю, что развитие этих отношений будет основано на потребностях клиентов и принесет пользу всем нам». Анна Кочкина (Anna Kochkina), директор по ключевым проектам компании InstaForex, отметила: «Мы верим, что сотрудничество с Autochartist, признанным лидером в сфере автоматизированного технического анализа, поможет нашим клиентам совершить еще больше прибыльных сделок на финансовых рынках и добиться еще большего успеха в торговле с InstaForex».   О компании InstaForex Компания InstaForex была основана в 2007 году и в настоящее время является ведущим брокером валютного рынка , что подтверждается многочисленными наградами от авторитетных финансовых изданий и выставок. Сегодня услуги компании выбирают более 1 500 000 физических лиц и корпоративных клиентов по всему миру. Помимо выгодных условий торговли, InstaForex всегда стремится предоставлять своим клиентам возможность принимать информированные торговые решения. Именно поэтому более 20 экспертов ежедневно публикуют качественные аналитические обзоры и профессиональные прогнозы на официальном сайте компании. Компания InstaForex является официальным партнером олимпийской чемпионки и первой ракетки мира в 2012 году — Виктории Азаренко, а также спонсором команды-участницы ралли-рейда «Дакар» InstaForex Loprais Team и команды Marussia F1 Team, единственного российского участника самых престижных автогонок «Формула-1».   О компании Autochartist С начала своей деятельности в 2004 году компания Autochartist установила партнерские отношения со многими ведущими брокерскими компаниями по всему миру, которые работают в сфере торговли иностранными валютами, контрактами на разницу цен (CFD), акциями и сырьевыми товарами. Десять лет спустя после начала ее деятельности более 50 000 трейдеров в более чем 80 странах по всему миру получают информацию о более чем 400 000 торговых возможностей в месяц. К числу основополагающих принципов работы компании Autochartist, за которые она была удостоена наград, относятся приверженность высокому качеству обслуживания и постоянному сохранению лидерства на рынке за счет разработки новых инновационных продуктов.
  • image001 Autochartist are proud to be exhibiting a brand new stand at the Cyprus iFX Expo in Limassol from 27th – 29th May 2014. We are excited about introducing delegates to our eagerly-awaited new developments and looking forward to meeting faces old and new throughout the week.   Vadim Zhegalov, Andrew Clee and Enis Mehmet will be representing Autochartist in Limassol for the week of 26th – 30th May and welcome attendees to meet with them at the Expo at Booth 71 (by the Middle Bar). If you would like to arrange an individual appointment during the week to discuss how Autochartist can help grow your brokerage business, please contact andrew@autochartist.com or call +44 (0)7825 912 393.   The iFX Expo will be held at the Grand Resort Hotel in Limassol, Cyprus. http://www.ifxexpo.com/cyprus2014/    
  • Comprehensive Analysis Function Opens New Opportunities for Traders

    ActForex, the leading provider of independent retail Forex trading platforms, announced today that it has integrated Autochartist into its very popular ActTrader platform. This integration is in line with the latest advancements for ActTrader, focusing on technical analysis and algorithmic trading. After adding such modules as Visual Algorithmic Trading (VAT) for traders lacking programming skills, ActFX scripting language for writing proprietary strategies, MT4 to ActFX Converter, as well as adding over one hundred twenty free fully integrated Strategies and Indices to its FXApps store, it was a logical development for ActForex to add fully integrated Autochartist functionality to its ActTrader platform. Autochartist application will also be available in ActForex FXApps store for individual traders who want to use this functionality, even if their brokers do not offer it to all their customers.   Autochartist offers world-renowned technology that monitors thousands of financial instruments throughout the day and automatically identifies trading opportunities for traders based on chart and Fibonacci patterns, and horizontal support and resistance levels. Due to this in-depth analysis, traders are able to better predict price movements and capitalize on those opportunities.   “Virtually every trader can benefit from the use of Autochartist”, said Ilya Sorokin, ActForex CEO. “The use of this program replaces years of learning to recognize market patterns and what they mean. Autocharitist does it automatically by scanning and analyzing massive quantities of market data. Traders receive around 3500 real-time trading opportunities per month that would have otherwise been missed. This benefits not only individual traders but ActForex Licensees as well, because Autochartist helps to attract and retains traders.”   Within the ActTrader platform, a trader can filter and organize signals for selected instruments or patterns in the Autochartist Trading Opportunity Window, all based on personal trading strategies. “This is the best and most complete integration of our technology into a trading platform we have seen” observed Mr. Enis Mehmet, Head of Business Development at Autochartist. The feature delivers audio and visual alerts to the trader while highlighting the currently available opportunities. Quality indicators are displayed via automated visual analysis that utilizes a combination of four unique characteristics for assigning a pattern’s quality score.   “The fact that FXTrade Financial Co., Ltd. requested this integration speaks volumes about the quality of this application”, added Mr. Sorokin. “FXTrade is one of Japan’s largest FSA compliant brokers and a loyal ActForex customer. The company is managed by very high caliber, professional team that knows what they’re doing. ActTrader continues to be one of the world’s most widely used trading platforms and integrating Autochartist will contribute yet another layer of highly usable functionality for all ActTrader users.”   Cooperation between ActForex and Autochartist is just another example of ActForex open policy for third party integration. ActForex extensive API capabilities provide easy way for any company to offer their services on ActTrader platform.  

    About ActForex, Inc:

      ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers and Money Managers worldwide since 2000.   ActForex logo and ActTrader are trademarks, and ActForex is a registered trademark of ActForex, Inc. Autochartist is a trademark of Autochartist.com; MT4 is a trademark of MetaQuotes Software.