Autochartist General
MARKET ANALYSIS

XAGUSD has broken through a line of 30.8970 and suggests a possible movement to 31.5269 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.

FTSE100 is moving towards a resistance line which it has tested numerous times in the past. We have seen it

XAGUSD is about to retest a key horizontal resistance level near 30.7100. It has tested this level 5 times in

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