Autochartist General
MARKET ANALYSIS

Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 4 hour chart. After a strong bearish run, we find GBPJPY heading towards the upper triangle line with a possible resistance at 188.9980. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.

FTSE100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it

XAGUSD is about to retest a key horizontal resistance level near 30.7100. It has tested this level 5 times in

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