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

If EURUSD touches 1.1663 it may be time to take action.

EURUSD is moving towards a key resistance level at 1.1663. 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.

BRN/USD is approaching 66.8725. We expect either a breakout through this line, or a rebound.

BRN/USD is moving towards a key support level at 66.8725. This is a previously tested level for BRN/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.

USDJPY is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 22 days.

USDJPY is moving towards a resistance line. Because we have seen it retrace from this line before, 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 22 days and may test it again within the next 3 days.

After testing the resistance line numerous times, XAGUSD is once again approaching this line. Can we expect a bullish trend to follow?

Emerging Rising Wedge pattern in its final wave was identified on the XAGUSD 1 hour chart. After a strong bullish run, we find XAGUSD heading towards the upper triangle line with a possible resistance at 39.6162. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

BTCUSD – approaching a support line that has been previously tested at least twice in the past

BTCUSD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]

Important resistance line being approached by NGC/USD. This price has been tested numerous time in the last 8 days

Emerging Channel Down detected on NGC/USD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 2.733 and it is expected to move to 2.7403.

Will S&P500 break through the support level it tested before?

S&P500 is moving towards a key support level at 6441.5498. This is a previously tested level for S&P500. This could be a good trading opportunity, either at the spot price, or after breaching this level.

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