No double bottom on the Dollar?

Tomasz Wisniewski Axiory Global Ltd.

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

Oil breaks the mid-term up trendline, which is bearish. The potential target is below the 100 USD/bbl.

Gold is pretty much undecided, but staying close to the mid-term uptrend line, so we can’t exclude a breakout and a further drop.

GBPUSD cannot initiate a bigger bullish reversal after the price hints at the possibility of a double bottom formation.

USDCAD still stays below the 38,2% Fibonacci.

Nasdaq climbs back above the 50% Fibonacci and aims the upper line of the falling wedge.

DAX is in a much worse position, still dropping after the escape from the symmetric triangle pattern.

EURUSD is in a no man’s land waiting for a proper signal.

EURAUD reverses on a crucial horizontal resistance.

Author

Tomasz Wisniewski

Axiory Global Ltd.

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

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