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.

The breakout of BRN/USD through the support line of a Head and Shoulders could be a sign of the road

The movement of XAUUSD towards 2636.5100 price line is yet another test of the line it reached numerous times in

An emerging Channel Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards

BTCUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see

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

A movement of 50.91% over 23 days on NGC/USD doesn’t go unnoticed. You may start considering where it’s heading next,

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