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

Will S&P500 break through the support level it tested before?

S&P500 is moving towards a key support level at 6441.5498. This is a previously tested level for S&P500. This could be a good trading opportunity, either at the spot price, or after breaching this level.

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

BRN/USD 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 3 days and may test it again within the next 5 hours.

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

ETHUSD 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 3 days and may test it again within the next […]

NAS100 posted 5 consecutive bullish 4 hour candles.

NAS100 posted 5 consecutive candles over the last 20 hours — an unusually large movement.

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

GBPJPY 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 10 days and may test it again within the next 3 days.

A final push possible on LTCUSD as it starts approaching a price line of 115.4200.

LTCUSD is approaching a support line at 115.4200. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels.

If you’re long NGC/USD you should be aware of the rapidly approaching level of 2.7230

NGC/USD is heading towards a line of 2.7230. If this movement continues, the price of NGC/USD could test 2.7230 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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