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

After testing resistance twice in the past, ETHUSD has finally broken through. Can we expect a bullish trend to follow?

ETHUSD has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 4516.0809 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

NGC/USD formed a Channel Up on the 4 hour chart. Retest of resistance in sight.

A Channel Up pattern was identified on NGC/USD at 2.939, creating an expectation that it may move to the resistance line at 3.0823. It may break through that line and continue the bullish trend or it may reverse from that line.

S&P500 is quickly approaching a very important level it has previously tested numerous times in the past

S&P500 is moving towards a line of 6479.7700 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If S&P500 continues in its current trajectory, we […]

Because EURUSD formed a Ascending Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

EURUSD 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 EURUSD continues in its current trajectory, we could see it […]

After testing 111880.6797 numerous times, BTCUSD is once again approaching this price point. Can we expect a bullish trend to follow?

BTCUSD is about to retest a key horizontal resistance level near 111880.6797. It has tested this level 3 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.

GBPJPY is currently testing a level of 199.1180. Will the breakout continue or will things reverse?

GBPJPY has broken through 199.1180 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, GBPJPY may be heading towards 200.0020 within the next 2 days.

FTSE100 moves lower to 9123.4500 in the last 9 days.

Rare candle sequence recorded on the FTSE100 Daily chart, ending at 9123.4500.

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