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

Because XAGUSD formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower

XAGUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If XAGUSD continues in its current trajectory, we could see it […]

LTCUSD heading towards a price it has tested 3 times in the recent past.

LTCUSD is approaching a resistance line at 87.2200. 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.

NAS100 is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.

A Channel Up pattern was identified on NAS100 at 19615.3276, creating an expectation that it may move to the resistance line at 20550.7849. It may break through that line and continue the bullish trend or it may reverse from that line.

GBPJPY heading towards a price it has tested 4 times in the recent past.

The price of GBPJPY in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

After testing 3.2505 numerous times, NGC/USD is once again approaching this price point. Can we expect a bullish trend to follow?

The price of NGC/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

ETHUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.

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.

Important support line being approached by FTSE100. This price has been tested numerous time in the last 8 days

FTSE100 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If FTSE100 continues in its current trajectory, we could see it […]

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