Traders Edge: Market Briefing 12/10/22

By Tomasz Wisniewski|

Published: October 12 2022, 11:15 GMT+0

Traders Edge: Market Briefing 12/10/22

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

EURUSD continues trading inside of the channel down formation

USDJPY sets new long-term highs. Anyone still remember anything about the intervention?

EURAUD climbs above key long-term horizontal resistance, that is a strong buy

GBPJPY trades inside of the flag pattern. Currently price is trying to climb higher and break its upper line

Gold accommodates below the 1680 USD/oz which will be a crucial resistance again

Silver drops below the mid-term down trendline, the sell signal is back on

WTI oil climbs up after two days of losses, but today’s gain is not really spectacular

FTSE extends the correction inside of the falling wedge pattern

Dow Jones still trades below the 38,2% Fibo, sentiment is negative


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