...

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

If you’re long NGC/USD you should be aware of the rapidly approaching level of 2.7325

The movement of NGC/USD towards 2.7325 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Important price line being approached by BTCUSD. This price has been tested numerous times before.

A strong resistance level has been identified at 115925.5391 on the 30 Minutes BTCUSD chart. BTCUSD is likely to test it soon.

USDJPY formed a Channel Down on the 4 hour chart. Retest of support in sight.

An emerging Channel Down has been detected on USDJPY on the 4 hour chart. There is a possible move towards 145.5789 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

Supports and resistances are primary concepts of technical analysis. EURUSD is heading for an important price of 1.1693 – read about what this could mean for the future.

EURUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 1.1693, unless it runs out of momentum and pulls back to current levels.

Breach of resistance could mean a start of a bullish trend on LTCUSD

This trade setup on LTCUSD 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 117.7329.

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

BRN/USD is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.

S&P500 may be on a start of a new bearish trend after its breakout through this important support level

S&P500 has broken through 6441.5498 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, S&P500 may be heading towards 6423.4619 within the next 20 hours.

Latest company news, corporate actions and partnership announcements

Interesting trading articles, ideas, and thought leadership

Ask your broker today or sign up for a demo
from the Technical Analysis page.