Traders Edge: Market Briefing 02/12/22

By Tomasz Wisniewski|

Published: December 02 2022, 08:31 GMT+0

Traders Edge: Market Briefing 02/12/22

In today’s Trader’s Edge Market Briefing, Tomasz discovered the following unique setups we thought you’d find interesting.

EURUSD extends gains, climbing to the new, mid-term highs

USDJPY keeps falling down, aiming the 131 support

Gold starts a new month with a decisive move to the upside, establishing new, local highs

Indices corrected yesterday but the drop was really small and largely expected

GBPUSD keeps pushing higher, currently ending a short, bearish correction

After coming back above 1.59 GBPCAD is not slowing down and pushing more to the upside

NZDUSD and AUDUSD are climbing higher, making new, mid-term highs

USDCHF is on a good way to break a major, long-term support

EURGBP with constant pressure on the 0.858 support. Breakout will bring us a proper sell signal