Back to the long-term trends [Video]

Tomasz Wisniewski Axiory Global Ltd.

In today’s Traders Edge Market Briefing, Tomasz found these unique setups that we thought you’d find interesting.

Inflation data from the US brought a correction of the most recent trend and a comeback to the long-term sentiment seen on charts for months – stronger USD and weaker stocks.

EURUSD bounced off the upper line of the channel down formation confirming a direction south.

SP500 dropped sharply cancelling a three-day upswing.

DAX is currently aiming key support on 13000 points.

WTI oil climbs back above the 86 USD/bbl support recovering the positive sentiment.

EURJPY drops below the support on 144.3, sentiment is definitely negative.

GBPNZD climbs higher after a bounce off the three key supports and after a breakout off the yearly down trendline. That’s a strong buy.

Author

Tomasz Wisniewski

Axiory Global Ltd.

Tomasz was born in Warsaw, Poland on 25th October, 1985.

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