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

If you’re long ETHUSD you should be aware that 1977.9700 has just been breached – a level tested 6 time in the past

ETHUSD has broken through 1977.9700 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, ETHUSD may be heading towards 1899.5320 within the next 2 days.

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

A Rising Wedge pattern was identified on USDJPY at 151.0935, creating an expectation that it may move to the resistance line at 151.8567. It may break through that line and continue the bullish trend or it may reverse from that line.

NGC/USD through 3.8491153846153843. Is this a confirming a breakout? Will it continue its path in the current trend toward 3.9929?

NGC/USD has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of NGC/USD testing 3.9929 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]

S&P500 seems to be on its way to support – a possible opportunity?

A strong support level has been identified at 5590.8799 on the 1 hour S&P500 chart. S&P500 is likely to test it soon.

Big movement possible on XAUUSD after a breach of 3038.3750

A strong resistance level has been breached at 3038.3750 on the 4 hour XAUUSD chart. Technical Analysis theory forecasts a movement to 3070.7734 in the next day.

FTSE100 is quickly approaching a very important level it has previously tested numerous times in the past

FTSE100 is moving towards a key resistance level at 8717.7002. FTSE100 has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Will LTCUSD break through the support level it tested before?

LTCUSD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 5 days and may test it again within the next […]

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