Traders Edge: Market Briefing 13/09/23

By Tomasz Wisniewski|

Published: September 13 2023, 13:43 GMT+0

Traders Edge: Market Briefing 13/09/23

In today’s Trader’s Edge Market Briefing, Tomasz has identified the following unique setups that may catch your interest:

– EURUSD remains relatively stable despite slightly higher inflation data.

– USDJPY is still near local highs.

– USDCHF is making progress toward testing the 0.9 resistance level.

– Indices are showing signs of upward movement, with S&P500 forming a hammer candle.

– Dow Jones is maintaining its position above the long-term uptrend line.

– NASDAQ and DAX are both attempting to form hammer candles.

– GBPCHF is in a sideways trend, bouncing off the lower line and potentially testing the upper line.

– Gold is testing the key psychological support level of 1,900.

– Oil is reaching new long-term highs, with Brent oil approaching the psychological barrier of $100 per barrel.