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MARKET ANALYSIS

A Falling Wedge pattern was identified on XAGUSD at 30.199, creating an expectation that it may move to the support line at 29.6087. It may break through that line and continue the bearish trend or it may reverse from that line.

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