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

NGC/USD hits 3.1695 after a 7.79% move spanning 2 days

NGC/USD experienced an extremely large move that lasted 2. This movement is in the 95.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.

If you’re long LTCUSD you should be aware of the rapidly approaching level of 85.1100

A strong support level has been identified at 85.1100 on the 15 Minutes LTCUSD chart. LTCUSD is likely to test it soon.

XAUUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.

XAUUSD is heading towards the support line of a Channel Up and could reach this point within the next 2 days. 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 […]

A final push possible on EURUSD as it starts approaching a price line of 1.0523.

EURUSD is moving towards a key support level at 1.0523. This is a previously tested level for EURUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

S&P500 through 5897.654444444444. Is this a confirming a breakout? Will it continue its path in the current trend toward 5937.3157?

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5937.3157 but consider reducing the size of your position as the price gets […]

Supports and resistances are primary concepts of technical analysis. ETHUSD is heading for an important price of 2992.8601 – read about what this could mean for the future.

ETHUSD is heading towards a line of 2992.8601. If this movement continues, the price of ETHUSD could test 2992.8601 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

NGC/USD has broken through a resistance line. It has touched this line numerous times in the last 2 days.

A strong resistance level has been breached at 2.9135 on the 30 Minutes NGC/USD chart. Technical Analysis theory forecasts a movement to 2.9634 in the next 7 hours.

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