Autochartist General
MARKET ANALYSIS

Emerging Channel Down pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bearish run, we find EURUSD heading towards the upper triangle line with a possible resistance at 1.0455. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.

A movement of 7.74% over 16 hours on BTCUSD doesn’t go unnoticed. You may start considering where it’s heading next,

FTSE100 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we

Emerging Rising Wedge pattern in its final wave was identified on the USDJPY 4 hour chart. After a strong bullish

XAUUSD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last

BRN/USD has broken through a support line. It has touched this line numerous times in the last 16 days. This

ETHUSD has experienced an extremely big movement in last 6 days. It may continue the trend, but this would make