Autochartist General
MARKET ANALYSIS

XAGUSD is about to retest a key horizontal resistance level near 30.7100. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

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

EURUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we

NAS100 has broken through a resistance line of a Triangle and suggests a possible movement to 20917.5509 within the next