XAUUSD has moved higher by 12% from 2588.17 to 2898.66 in the last 57 days.
XAGUSD is trapped in a Channel Up 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 […]
GBPJPY is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 23 hours. If it tests this line again, it should do so in the next 5 hours.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 2877.2885 but consider reducing the size of your position as the price gets […]
A movement of 8.71% over 55 days on FTSE100 doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
USDJPY has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 153.7300 may materialize within the next 9 hours.
EURUSD has broken through 1.0391 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURUSD may be heading towards 1.0492 within the next 2 days.
Autochartist provides an extensive analytics toolset with features to take your trading to the next level. Empower your day-to-day trading decisions with an unrivalled breadth and depth of analysis driven by advanced algorithms, powerful big-data technology, and user-friendly trading tools.
