Autochartist General
MARKET ANALYSIS

An emerging Channel Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0236 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

FTSE100 has breached the resistance line at 8148.8799. It may continue the bullish trend towards 8261.6982, or, it may prove

NGC/USD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace

Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 0.99% move continues.

The last 8 4 hour candles on LTCUSD formed a Pennant pattern and broken out through the pattern lines, indicating

The breakout of XAGUSD through the support line of a Triangle could be a sign of the road ahead. If

NAS100 is heading towards 21162.8242 and could reach this point within the next 3 days. It has tested this line