Autochartist General
MARKET ANALYSIS

The price of USDJPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

FTSE100 has breached the resistance line at 8148.8799. It may continue the bullish trend towards 8261.6982, or, it may prove

NGC/USD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace

Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 0.99% move continues.

The last 8 4 hour candles on LTCUSD formed a Pennant pattern and broken out through the pattern lines, indicating

The breakout of XAGUSD through the support line of a Triangle could be a sign of the road ahead. If

NAS100 is heading towards 21162.8242 and could reach this point within the next 3 days. It has tested this line