Autochartist General
MARKET ANALYSIS

EURUSD was identified at around 1.0805 having recently rebounded of the support on the 30 Minutes 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 1.0861 level.

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

Emerging Falling Wedge pattern in its final wave was identified on the S&P500 15 Minutes chart. After a strong bearish

A Falling Wedge pattern was identified on XAGUSD at 30.199, creating an expectation that it may move to the support

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

An emerging Rising Wedge has been detected on NGC/USD on the 15 Minutes chart. There is a possible move towards