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MARKET ANALYSIS

GBPJPY moved through the support line of a Triangle at 197.16957142857143 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 196.4769.

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