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MARKET ANALYSIS

XAGUSD has broken through a resistance line of a Falling Wedge and suggests a possible movement to 33.0540 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.

Emerging Channel Up detected on BRN/USD – the pattern is an emerging one and has not yet broken through support,

Channel Down pattern identified on LTCUSD has broken through a resistance level with the price momentum continuing to move in

You would be well advised to confirm the breakout that has just occurred – do you believe the move through

Emerging Falling Wedge detected on XAGUSD – the pattern is an emerging one and has not yet broken through resistance,

The movement of GBPJPY towards the resistance line of a Inverse Head and Shoulders is yet another test of the