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

ETHUSD – approaching a resistance line that has been previously tested at least twice in the past

ETHUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of ETHUSD could test 4522.5238 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

GBPJPY breakout from a Channel Up trade setup. Will it continue this trend to hit the target price?

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 198.9799 but consider reducing the size of your position as the price gets […]

FTSE100 reached 9198.06 after a 1.31% move spanning 5 days.

FTSE100 recorded an exceptional 1.31% move over the last 5 days. Whether you follow trends or look for reversals, this move is hard to ignore.

Big bearish swing on XAGUSD – this may be one of its more notable movements in the recent session.

XAGUSD has moved lower by 3.1% from 42.6259 to 41.3065 in the last 13 hours.

A Triangle has formed, ETHUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

ETHUSD is heading towards the support line of a Triangle. If this movement continues, the price of ETHUSD could test 4493.4050 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Supports and resistances are primary concepts of technical analysis. XAUUSD is heading for an important price of 3659.3650 – read about what this could mean for the future.

XAUUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next […]

After testing resistance twice in the past, USDJPY has finally broken through. Can we expect a bullish trend to follow?

The last 28 4 hour candles on USDJPY formed a Channel Down pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 148.7429.

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