...

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

There is a possibility of a big movement on EURUSD after a breach of the resistance

This trade setup on EURUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 1.1789.

ETHUSD through 4530.271304347826. Is this a confirming a breakout? Will it continue its path in the current trend toward 4332.2671?

The breakout of ETHUSD through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of ETHUSD testing 4332.2671 within the next 2 days.

After testing the support line numerous times, NAS100 is once again approaching this line. Can we expect a bearish trend to follow?

An emerging Channel Up has been detected on NAS100 on the 4 hour chart. There is a possible move towards 24590.9854 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

GBPJPY – approaching a resistance line that has been previously tested at least twice in the past

GBPJPY is heading towards the resistance line of a Channel Down. If this movement continues, the price of GBPJPY could test 199.6436 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

NGC/USD is signaling a possible trend reversal on the intraday charts with price not breaching support.

NGC/USD is heading towards the resistance line of a Falling Wedge. If this movement continues, the price of NGC/USD could test 3.1544 within the next 11 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

BTCUSD experienced a 3.4% bullish move in just 2 days. The magnitude speaks for itself.

BTCUSD reached 116813.1 after a 3.4% move spanning 2 days.

Big bullish swing on FTSE100 – this may be one of its more notable movements in the recent session.

FTSE100 experienced an extremely large move that lasted 3. This ranks in the 97.0 percentile and is considered uncommon based on recent price data.

Latest company news, corporate actions and partnership announcements

Interesting trading articles, ideas, and thought leadership

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