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

Because NGC/USD has formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through the resistance, it may move much higher.

A Rising Wedge pattern was identified for NGC/USD at 5.0025, suggesting it may move toward the resistance line at 5.0378. It may break through that line and continue the bullish trend, or reverse from it.

An important resistance line is being approached by NAS100. This price has been tested numerous times in the last 2 days

The movement of NAS100 toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 6 hours, but it is uncertain whether it will result in a breakout through this line or simply […]

An important price level has been breached by ETHUSD. This level has been tested numerous times before.

ETHUSD has broken through a level at 3075.0200, suggesting a possible move to 3253.4170 within the next 3 days. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]

An important resistance line is being approached by USDJPY. This price has been tested numerous times in the last 8 days

USDJPY is heading toward the resistance line of a Triangle pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back to […]

An important price level has been breached by XAUUSD. This level has been tested numerous times before.

XAUUSD has broken through a level at 4192.1299, suggesting a possible move to 4162.2744 within the next 12 hours. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]

S&P500 is approaching a resistance line that has been tested at least twice before

S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 16 days and may test it again within the next 3 days.

LTCUSD is signaling a possible trend reversal on intraday charts, as the price fails to breach support.

LTCUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 3 days and may test it again within the next 18 hours.

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