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

BRN/USD – approaching a support line that has been previously tested at least twice in the past

An emerging Channel Down has been detected on BRN/USD on the 30 Minutes chart. There is a possible move towards 66.8482 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

After testing the resistance line numerous times, XAGUSD is once again approaching this line. Can we expect a bullish trend to follow?

XAGUSD is moving towards a resistance 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 […]

If ETHUSD touches 3885.9700 it may be time to take action.

ETHUSD is moving towards a key resistance level at 3885.9700. ETHUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

NAS100 hits 23236.7453 after a run of 7 consecutive 4 hour candles spanning 2 days.

NAS100 has experienced an unusual quantity of bullish candles on the 4 hour timeframe. This is in the 0.9599999785423279 percentile of movements and so we could see a slight pullback over the next few candles.

S&P500 heading towards a price it has tested 6 times in the recent past.

S&P500 is approaching a resistance line at 6317.6602. 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.

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

An emerging Channel Down has been detected on NGC/USD on the 4 hour chart. There is a possible move towards 2.8651 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

XAGUSD likely to test 37.2396 in the near future. Where to next?

XAGUSD is moving towards a key resistance level at 37.2396. This is a previously tested level for XAGUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

Latest company news, corporate actions and partnership announcements

Interesting trading articles, ideas, and thought leadership

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Risk analysis is as critical as market analysis for traders to make informed trading decisions. It helps them size each position adequately, set viable entry and exit points, and hedge risks. A brokerage that enables traders to seamlessly manage risks by embedding risk management within the trading environment enjoys multiple benefits, such as: – Improved […]

The latest report on the Cryptocurrency Market Growth & Trends by Grand View Research predicts that the global crypto market will reach $11.71 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. With major digital currencies, such as BTC, ETH, and LTC, all seeing significant gains in the first three months of […]

“If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a 50% decline without fussing much about it.” This trading mantra, given by Charlie Munger, helps put market fluctuations into perspective. But traders may get nervous when there are steep […]

Technical advancements and the integration of customised trading solutions within mobile applications have helped retail trading soar since 2020. As a result, the online trading market is projected to hit $18.4 billion, growing at acompound annual growth rate  of 7.8% between 2022 and 2031. A surge in cloud-based trading solutions and AI-powered robo- advisory are key drivers […]

The one thing in common among all traders is that they want to make informed decisions. But that’s where the similarity ends. Every trader has a different requirement for information, simply because their trading strategies, portfolio of assets, preferred time of trading, experience level, financial goals, risk appetite, and trading mindset are different. So, how […]

The growing influx of millennials into the financial markets presents a massive opportunity for brokers. It is important not just to attract new traders but to retain them too. Millennials form the majority of online traders at 58% globally. Millennials are also the generation that prefers taking active control of their finances. The growing influx of […]

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