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MARKET ANALYSIS

USDJPY is moving towards a line of 146.9890 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we may see it move towards 146.9890 within the next 8 hours.

GBPJPY is approaching the support line of a Rising Wedge. It has touched this line numerous times in the last

BRN/USD has broken through a support line. It has touched this line at least twice in the last 10 days.

The price of S&P500 in heading back to the resistance area. It is possible that it will struggle to break

FTSE100 has breached the support line at 8249.0996. It may continue the bearish trend towards 8199.2139, or, it may prove