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

Supports and resistances are primary concepts of technical analysis. FTSE100 is heading for an important price of 8279.2002 – read about what this could mean for the future.

A strong support level has been identified at 8279.2002 on the 15 Minutes FTSE100 chart. FTSE100 is likely to test it soon.

Bulls aim for 2.8783 after the NGC/USD triggered a bearish formation on the 4 hour chart

The breakout of NGC/USD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of NGC/USD testing 2.8783 within the next 6 hours.

XAGUSD – breach of price line that’s been previously tested numerous times before

XAGUSD has broken through a line of 30.8970 and suggests a possible movement to 31.5269 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]

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

EURUSD is about to retest a key horizontal resistance level near 1.0538. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

NAS100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 5 days.

NAS100 is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 16 hours.

If BRN/USD touches 73.3715 it may be time to take action.

BRN/USD is moving towards a key resistance level at 73.3715. This is a previously tested level for BRN/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

Important support line being approached by ETHUSD. This price has been tested numerous time in the last 7 days

ETHUSD 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 7 days and may test it again within the next 2 days.

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