Tomasz Wisniewski
Axiory Global Ltd.
In today’s Traders Edge Market Briefing, Tomasz found these unique setups that we thought you’d find interesting.
We are not even halfway through the European session and there’s already enough volatility for a whole week!
The Dollar Index starts with a rapid correction.
EURUSD creates a hammer on the lower line of the channel down pattern, if this setup will hold, that would be a nice buy signal.
Oil drops to new mid-term lows but meets a lower line of the wedge, which potentially can act as a support.
GBPUSD is probably the most popular instrument today as this pair sets new all-time lows! Parity here as well?
GBPJPY drops and meets a crucial, long-term support. A hammer on the weekly chart looks promising but hey…it’s just Monday.
SP500 tests a crucial, long-term horizontal support. A breakout will give us a major sell signal.
DAX already did that and broke a key, horizontal support. Here, the sell signal is ON.
Trading FX/CFDs on margin bears a high level of risk, and may not be suitable for all investors. Before deciding to trade FX/CFDs you should carefully consider your investment objectives, level of experience, and risk appetite. You can sustain significant loss.
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