Traders Edge: Market Briefing 27/09/23

In today’s Trader’s Edge Market Briefing, Tomasz has identified the following unique setups that may catch your interest:

• S&P 500: Aiming the long-term uptrend line, the last beacon for buyers.
• Dow Jones: Struggling to hold at 33600 points, with dwindling hopes.
• DAX: In freefall post key support breach, anticipating further descent.
• EURUSD: Continues its downward trajectory, targeting the channel’s lower line.
• USDCHF: Riding high, marking best levels since early April.
• GBPCHF: In a rectangle pattern, but a strong breakout looms.
• Gold: Descending post the $1,900 per ounce breach, solidifying a long-term sell signal.
• Silver: Eyeing the long-term uptrend and $22.2 per ounce support, with a potential sell signal on break.
• Oil: Ascending notably, hinting the end of bearish correction and possible new highs on the horizon.