Tomasz Wisniewski
Axiory Global Ltd.
In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups we thought you’d find interesting!
Seems like DAX eventually defends the 15000 support and aims higher towards the mid-term dynamic resistance.
FTSE looks very strong as buyers are currently attacking their own dynamic mid-term resistance.
GBPUSD is also doing pretty good. We’re still above the 23,6% Fibonacci with big chances for an upswing supported by the false breakout pattern from the beginning of October.
USDJPY continues with a big bullish momentum.
CADJPY is doing the same. Price is not stopping and fighting for the 5th bullish day in a row.
The same goes for the GBPJPY, you can see those kinds of movements pretty much everywhere on the pairs with the JPY.
Silver is defending the 22.2 USD/oz support and it looks like this area should not be bothered anymore in the next few days.
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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