Autochartist General
MARKET ANALYSIS

GBPJPY rose sharply for 8 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in GBPJPY there is a chance that we will witness a correction, no matter how brief.

FTSE100 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see

The movement of BRN/USD towards the resistance line of a Flag is yet another test of the line it reached

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

BTCUSD was identified at around 60319.79 having recently rebounded of the support on the 1 hour data interval. Ultimately, the

EURUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we

USDJPY is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last

A Falling Wedge pattern was identified on BRN/USD at 72.01, creating an expectation that it may move to the support