Autochartist General
MARKET ANALYSIS

GBPJPY is heading towards 197.9010 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Trend followers are probably eagerly watching FTSE100 to see if its latest 4 consecutive candles continues. If not, the mean-reversion

Emerging Falling Wedge pattern in its final wave was identified on the S&P500 15 Minutes chart. After a strong bearish

A Falling Wedge pattern was identified on XAGUSD at 30.199, creating an expectation that it may move to the support

GBPJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see

An emerging Rising Wedge has been detected on NGC/USD on the 15 Minutes chart. There is a possible move towards

Emerging Rising Wedge pattern in its final wave was identified on the ETHUSD 30 Minutes chart. After a strong bullish