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MARKET ANALYSIS

XAUUSD has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may see the price of XAUUSD testing 2640.0702 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Triangle pattern identified on XAGUSD has broken through a resistance level with the price momentum continuing to move in an

The movement of LTCUSD towards 86.4900 price line is yet another test of the line it reached numerous times in

Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through support,

FTSE100 rose sharply for day – which is an excessively big movement for this instrument; exceeding the 98% of past

The movement of USDJPY towards 153.8390 price line is yet another test of the line it reached numerous times in