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MARKET ANALYSIS

The movement of GBPJPY towards the resistance line of a Inverse Head and Shoulders is yet another test of the line it reached numerous times in the past. This line test could happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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