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MARKET ANALYSIS

GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 16 hours.

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

Trend followers are probably eagerly watching FTSE100 to see if its latest 4 consecutive candles continues. If not, the mean-reversion