Autochartist General
MARKET ANALYSIS

BRN/USD is trapped in a Falling Wedge 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 of a new trend. It may also be that this convergence factor may result in the ideal setup for swing traders that are on the lookout for a possible bounce-back. Whatever happens, an initial move towards 71.5265 is expected in the short term.

S&P500 moved through the support line of a Rising Wedge at 6002.303124999999 on the 4 hour chart. This line has

You would be well advised to confirm the breakout that has just occurred – do you believe the move through

The movement of XAUUSD towards 2617.9399 price line is yet another test of the line it reached numerous times in

The movement of FTSE100 towards the support line of a Descending Triangle is yet another test of the line it

BTCUSD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from

NGC/USD has broken through a support line. It has touched this line numerous times in the last 6 days. This

An unexpected large move has occurred on USDJPY 1 hour chart beginning at 154.038 and ending at 151.829. Is this