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

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

ETHUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of ETHUSD could test 3892.1375 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

NAS100 heading towards a price it has tested 3 times in the recent past.

A strong support level has been identified at 21399.8145 on the 30 Minutes NAS100 chart. NAS100 is likely to test it soon.

FTSE100 has broken through support of a Triangle. It has touched this line at least twice in the last 8 days.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 8160.4777 but consider reducing the size of your position as the price gets […]

A Channel Up has formed, XAUUSD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

XAUUSD is heading towards the resistance line of a Channel Up 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 […]

If XAGUSD touches 29.9010 it may be time to take action.

XAGUSD is heading towards a line of 29.9010. If this movement continues, the price of XAGUSD could test 29.9010 within the next 2 days. 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.

BRN/USD has broken through support of a Rising Wedge. It has touched this line at least twice in the last 7 days.

BRN/USD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 75.8243 may materialize within the next 17 hours.

EURUSD hits 1.0305 after a run of 5 consecutive daily candles spanning 8 days.

EURUSD has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 1.0305 in the last 8 days.

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