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

FTSE100 – breach of a trending support line that has been tested at least twice before.

FTSE100 has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 8399.7202 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

ETHUSD formed a Channel Up on the 4 hour chart. Retest of resistance in sight.

A Channel Up pattern was identified on ETHUSD at 1806.97, creating an expectation that it may move to the resistance line at 1879.5176. It may break through that line and continue the bullish trend or it may reverse from that line.

XAUUSD is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 7 days.

XAUUSD is heading towards the support line of a Descending Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]

A final push possible on USDJPY as it starts approaching a price line of 141.8995.

USDJPY is about to retest a key horizontal support level near 141.8995. It has tested this level 7 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.

EURUSD likely to test 1.1391 in the near future. Where to next?

EURUSD is approaching a resistance line at 1.1391. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

It’s time to make a decision on NAS100 – its recent breach of 19225.2773 could be a sign of a new trend to follow.

NAS100 has broken through a line of 19225.2773. If this breakout holds true, we could see the price of NAS100 heading towards 20272.3184 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]

Could a large bullish move on XAGUSD be a sign of things to come?

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 14.76% move on XAGUSD. The movement has happened over the last 23 days. For those trend followers among you, you may think about riding this possible trend.

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