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MARKET ANALYSIS

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 5942.1007 but consider reducing the size of your position as the price gets closer to that target.

XAGUSD was identified at around 30.434 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the

S&P500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for

GBPJPY is heading towards 197.9010 and could reach this point within the next 2 days. It has tested this line

ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of

Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion

BTCUSD has broken through a line of 86996.5234. If this breakout holds true, we could see the price of BTCUSD