Autochartist General
MARKET ANALYSIS

FTSE100 rose sharply for day – 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 FTSE100 there is a chance that we will witness a correction, no matter how brief.

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