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

GBPJPY experienced a very large 3 days bullish move to 200.9225.

GBPJPY has moved higher by 1.44% from 198.0755 to 200.9225 in the last 3 days.

NGC/USD is approaching 3.2395. We expect either a breakout through this line, or a rebound.

NGC/USD is heading towards 3.2395 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

After testing the resistance line numerous times, S&P500 is once again approaching this line. Can we expect a bullish trend to follow?

Emerging Rising Wedge detected on S&P500 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 6752.12 and it is expected to move to 6796.5730.

ETHUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.

Emerging Rising Wedge detected on ETHUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 4721.14 and it is expected to move to 4804.6722.

A Rising Wedge has formed, FTSE100 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

FTSE100 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 12 hours. 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 […]

There is a possibility of a big movement on EURUSD after a breach of the resistance

This trade setup on EURUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 1.1789.

ETHUSD through 4530.271304347826. Is this a confirming a breakout? Will it continue its path in the current trend toward 4332.2671?

The breakout of ETHUSD through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of ETHUSD testing 4332.2671 within the next 2 days.

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