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

Breach of 1.1636 could mean a start of a bullish trend on EURUSD

EURUSD has broken through a line of 1.1636 and suggests a possible movement to 1.1675 within the next 2 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 […]

BRN/USD formed a Falling Wedge on the 1 hour chart. Retest of support in sight.

BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

If BTCUSD touches 111580.5313 it may be time to take action.

BTCUSD is heading towards a line of 111580.5313. If this movement continues, the price of BTCUSD could test 111580.5313 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

S&P500 moves higher to 6655.34 in the last 3 days.

S&P500 experienced an extremely large move that lasted 3. This ranks in the 98.0 percentile and is considered uncommon based on recent price data.

XAUUSD is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.

XAUUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

GBPJPY is approaching a resistance line of a Flag. It has touched this line numerous times in the last 12 days.

A Flag pattern was identified on GBPJPY at 202.3395, creating an expectation that it may move to the resistance line at 202.8129. It may break through that line and continue the bullish trend or it may reverse from that line.

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

The movement of NGC/USD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]

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Interesting trading articles, ideas, and thought leadership

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