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MARKET ANALYSIS

The breakout of FTSE100 through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of FTSE100 testing 8118.4241 within the next 2 days.

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

ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of

Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion