Traders Edge: Market Briefing 18/08/22

By Tomasz Wisniewski|

Published: August 18 2022, 09:28 GMT+0

Traders Edge: Market Briefing 18/08/22

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

EURUSD keeps pushing lower after creating two wedges

USDJPY climbs higher after breaking the mid-term down trendline

GBPUSD creates a hammer on H4, a crucial horizontal support that can be bullish

WTI oil bounces off the 83.5 USD/bbl support

Indices stay firm after yesterday’s drop

AUDUSD in bearish territory after breaking the lower line of the flag

The same goes for NZDUSD

GBPJPY advances higher after sellers wasted a chance for a head and shoulders pattern. Now the price is aiming at the upper line of the sideways trend