Traders Edge: Market Briefing 03/10/22

By Tomasz Wisniewski|

Published: October 03 2022, 09:28 GMT+0

Traders Edge: Market Briefing 03/10/22

In today’s Trader’s Edge Market Briefing, Tomasz found these unique setups that we thought you’d find interesting.

The new trading week and the first day of trading in October starts with new long-term lows on indices

EURUSD keeps trading inside of the long-term channel down formation

USDJPY tries to break quite a strong mid-term horizontal resistance on the 144.9

EURAUD meets the key long-term horizontal resistance on the 1.53, which created a promising bearish occasion

CADJPY continues trading inside of the rectangle pattern just above the major, long-term up trendline

Gold remains bearish, still trading below the key 1680 USD/oz resistance

Oil climbs slightly higher thanks to positive news from OPEC+

FTSE hangs on the edge trading on the 6800 support

DAX is very close to a major trading signal. Either buy from the breakout of the upper line of the channel down pattern or sell from the breakout of the 11880 support

Dow Jones is in negative territory aiming the lower line of a large falling wedge pattern