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MARKET ANALYSIS

BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start of a new trend. It may also be that this convergence factor may result in the ideal setup for swing traders that are on the lookout for a possible bounce-back. Whatever happens, an initial move towards 71.5265 is expected in the short term.

BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for

EURUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we

NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 20917.5509 within the next

XAUUSD has broken through the resistance line which it has tested twice in the past. We have seen it retrace

NGC/USD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see

The breakout of BRN/USD through the 72.6370 price line is a breach of an important psychological price that is has