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MARKET ANALYSIS

A Channel Up has formed, BTCUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

BTCUSD was identified at around 62828.82 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 61387.4865 level.

A possible move on USDJPY as it heads towards resistance

USDJPY is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last

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Supports and resistances are primary concepts of technical analysis. S&P500 is heading for an important price of 5647.8501 – read about what this could mean for the future.

S&P500 is moving towards a key resistance level at 5647.8501. This is a previously tested level for S&P500. This could

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After testing the support line numerous times, BRN/USD is once again approaching this line. Can we expect a bearish trend to follow?

A Falling Wedge pattern was identified on BRN/USD at 72.01, creating an expectation that it may move to the support

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