Autochartist General
MARKET ANALYSIS

USDJPY is moving towards a line of 146.9890 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we may see it move towards 146.9890 within the next 8 hours.

An emerging Falling Wedge has been detected on BTCUSD on the 1 hour chart. There is a possible move towards

LTCUSD has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 62.9600 in the last

NGC/USD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last

Emerging Triangle pattern in its final wave was identified on the XAUUSD 1 hour chart. After a strong bullish run,

Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 1.89% move continues.

The last 12 4 hour candles on NAS100 formed a Triangle pattern and broken out through the pattern lines, indicating

Due to the rate of consecutive bearish candles on ETHUSD Daily chart we could be in for a price correction.