Autochartist General
MARKET ANALYSIS

NAS100 is heading towards the support line of a Falling Wedge. If this movement continues, the price of NAS100 could test 20681.9942 within the next 10 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

The price of BRN/USD in heading back to the support area. It is possible that it will struggle to break

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