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MARKET ANALYSIS

ETHUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 10 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

The movement of USDJPY towards 153.8390 price line is yet another test of the line it reached numerous times in

FTSE100 has breached the resistance line at 8148.8799. It may continue the bullish trend towards 8261.6982, or, it may prove

NGC/USD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace

Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 0.99% move continues.

The last 8 4 hour candles on LTCUSD formed a Pennant pattern and broken out through the pattern lines, indicating

The breakout of XAGUSD through the support line of a Triangle could be a sign of the road ahead. If