Traders Edge: Market Briefing 19/10/20

By Tomasz Wisniewski|

Published: October 19 2020, 14:18 GMT+0

Traders Edge: Market Briefing 19/10/20

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In today’s Traders Edge Market Briefing, Tomasz found those amazing setups we thought you’d find interesting!

Nasdaq is still below dynamic and horizontal resistance

SP500 is on a good way to break crucial levels and go higher

DAX sharply bounces from the 12960 points

Dollar Index ignores the inverse head and shoulders and creates a flag. Situation here is bearish

EURUSD are flirting with important dynamic resistance

GBPUSD are one step from breaking 1,3 – the most important level in the past few weeks

AUDUSD with a small bullish correction but the main sentiment is very negative

EURAUD makes another attempt to escape from the long-term rectangle

EURCHF breaks crucial support and later tests it as a resistance. Pretty standard price action move

Gold tries to go higher but the upper line of the pennant looks well defended

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