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

An important support line is being approached by FTSE100. This price has been tested numerous times in the last 24 days

An emerging Rising Wedge pattern in its final wave has been identified on the FTSE100 4 hour chart. After a strong bearish run, FTSE100 is heading toward the upper triangle trendline, with possible resistance at 10110.2750. If the support holds, the Rising Wedge pattern suggests a rebound toward current levels.

After repeatedly testing the 153.4405 level, USDJPY is once again approaching it. Should we expect a bullish trend to follow?

USDJPY is approaching a resistance line at 153.4405. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may return to current levels.

A breach of 114.9285 could signal the start of a bullish trend in XAGUSD.

XAGUSD has broken through a resistance line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 2 days, which suggests a possible target around 120.9679 within the next 8 hours.

NAS100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 8 days.

An emerging Channel Up pattern has been detected for NAS100 on the 1 hour chart. There may be a move toward 26594.9948 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.

BTCUSD is likely to test 88977.3906 in the near future. Where to next?

BTCUSD is moving toward a level at 88977.3906, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If BTCUSD continues on its current trajectory, we may see it move toward 88977.3906 […]

XAUUSD recorded 8 consecutive daily bullish candles.

A rare candlestick sequence was recorded on the XAUUSD Daily chart, ending at 5517.2905.

Will GBPJPY break through the resistance level it previously tested?

GBPJPY is moving toward a key resistance level at 213.5020. This level has been tested before for GBPJPY. This may present a good trading opportunity either at the spot price or after a breakout through this level.

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