Traders Edge: Market Briefing 06/09/21

In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups we thought you’d find interesting!

Today is Labor Day in the US and Canada, so traders from North America aren’t active, which could lead to lower volatility

The SP500 is in an ascending triangle pattern looking north

The DAX has come back above major supports. That was a false breakout, which may result with a proper upswing

Gold is in a correcting movement since Friday but still in positive territory

The EURUSD started the new week with a drop. That’s thanks to the shooting star from Friday

The GBPUSD is aiming at the lower line of the flag, it’s time to test it as a support again

The AUDCAD is continuing the upswing despite a very pessimistic candle on Thursday

The EURNZD broke the crucial horizontal support along with the lower line of the flag. That is a very negative sign