Week of reversals? [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.

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.

Author

Tomasz Wisniewski

Axiory Global Ltd.

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

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GBP/USD hovers near 1.3600 as UK government crisis weighs on Pound Sterling

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Cardano steadies as whale selling caps recovery

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Japanese PM Takaichi nabs unprecedented victory – US data eyed this week

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