Traders Edge: Market Briefing 09/09/22

By Tomasz Wisniewski|

Published: September 09 2022, 07:57 GMT+0

Traders Edge: Market Briefing 09/09/22

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

The Japanese have officially started to express their concerns about the recent increased volatility on the yen. As a result, the yen has strengthened rapidly

USDJPY drops and aims for the 38,2% Fibonacci along with the mid-term up trendline

EURJPY creates a false breakout pattern on the 144.3 resistance. That is a very promising occasion to go short

The USD weakens across the board. EURUSD is back above parity with the price currently testing the 1.01 resistance

GBPUSD is breaking the mid-term down trendline, that can bring a nice buy signal

AUDUSD bounces off a key, long-term horizontal support. This is bullish in the mid-term

Gold enjoys the weaker dollar and bounces off the 1690 USD/oz support with a very nice inverse head and shoulders pattern

WTI oil settles below the 86 USD/bbl., the perspectives are negative