Traders Edge: Market Briefing 10/10/22

By Tomasz Wisniewski|

Published: October 10 2022, 10:32 GMT+0

Traders Edge: Market Briefing 10/10/22

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

EURUSD tries to create a fourth bearish candle in a row on a daily chart, sentiment is negative

USDJPY erases losses from the BoJ FX intervention

USDCHF is currently breaking key, long-term, dynamic resistance

EURAUD is fighting on an absolutely crucial horizontal resistance. Breakout will mean a buy signal and a bounce would mean a sell signal

CADCHF creates an inverse head and shoulders pattern on a nice horizontal support. All it needs for a proper buy signal is a breakout of the neckline

Brent oil continues the upswing after escaping from the channel down formation

Gold is having a “to be or not to be” moment right now testing the 1680 USD/oz support

Indices started Monday off on the front foot, but they’re still below important resistances, which makes the counter attack really doubtful