In today’s Traders Edge Market Briefing, Tomasz found these unique setups that we thought you’d find interesting.
The markets await the job data from US.
WTI dropped to pre-invasion levels and trades below 92 USD/bbl.
Gold keeps pushing higher and advances above the resistance on 1780 USD/oz.
Indices advance on Friday despite a not so successful Thursday.
EURUSD stays inside of the rectangle pattern.
EURJPY used the 50% Fibonacci as a support in order to get resistance on the next Fibo – 38,2%.
GBPAUD stays inside a long-term rectangle pattern. Seems that we’ll be waiting a bit more for the breakout.
The same goes with the GBPCHF, where luckily the rectangle is a bit smaller. That means the breakout can happen a bit faster.
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.