Autochartist General
MARKET ANALYSIS

FTSE100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If FTSE100 continues in its current trajectory, we could see it reach 8450.0883 within the next 4 days.

S&P500 is moving towards a resistance line which it has tested numerous times in the past. We have seen it

Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 4 hour chart. After a strong bearish

Emerging Rising Wedge detected on ETHUSD – the pattern is an emerging one and has not yet broken through support,

Emerging Falling Wedge detected on BRN/USD – the pattern is an emerging one and has not yet broken through resistance,

BRN/USD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for

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

NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 20917.5509 within the next