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MARKET ANALYSIS

ETHUSD rose sharply for 8 days – 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 ETHUSD there is a chance that we will witness a correction, no matter how brief.

BTCUSD has experienced an extremely big movement in last 9 days. It may continue the trend, but this would make

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