Traders Edge: Market Briefing 10/06/22

By Tomasz Wisniewski |

Published: June 10, 2022

Traders Edge: Market Briefing 10/06/22

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

Brent Oil is on a positive streak as it broke the 123.5 USD/bbl resistance for two days and today, it successfully tested it as a support

EURUSD ends this week on a bearish note and new mid-term lows. Price managed to escape from the pennant and break crucial horizontal support on the 1.064

USDCAD extends the bounce of the up trendline after it filled the drop coming from the H&S pattern

GBPUSD ends this week fighting on a crucial horizontal support on the 1.247

NZDUSD reverses on Friday and tests the mid-term down trendline

CADJPY reverses after testing the highs from the 2014

Gold moves rather sleepily, inside of a wedge pattern. Currently, breakout to the downside seems slightly more probable

DAX breaks crucial horizontal support and the mid-term down trendline making a bad week even worse

Selloff on Nasdaq accelerates after yesterday’s breakout of the 12500 supports

 

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