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MARKET ANALYSIS

Emerging Rising Wedge pattern in its final wave was identified on the USDJPY 1 hour chart. After a strong bullish run, we find USDJPY heading towards the upper triangle line with a possible resistance at 156.7290. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

Emerging Rising Wedge pattern in its final wave was identified on the USDJPY 1 hour chart. After a strong bullish

The price of BRN/USD in heading back to the support area. It is possible that it will struggle to break

XAGUSD was identified at around 30.434 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the

S&P500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for

GBPJPY is heading towards 197.9010 and could reach this point within the next 2 days. It has tested this line

ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of