Traders Edge. Market Briefing 05/08/20

In today’s Traders Edge, Tomasz found those amazing setups we thought you’d find interesting!

DAX bouncing from the neckline and heading again towards the 12800

USDJPY couldn’t close a day above the 106…again

EURPLN fights on absolutely crucial support on 4,4

USDCAD breaking important, long-term horizontal support

SP500 with the new long-term highs

CAC comes back above important horizontal support and breaks the neckline of the iH&S formation

Gold with new long-term highs after we broke the upper line of the ascending triangle pattern

GBPUSD breaks the upper line of the wedge

GBPJPY waiting for a breakout from the mid-term sideways trend