Tomasz Wisniewski
Axiory Global Ltd.
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.
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