Traders Edge: Market Briefing 21/09/22

By Tomasz Wisniewski|

Published: September 21 2022, 11:51 GMT+0

Traders Edge: Market Briefing 21/09/22

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

Putin mobilizes more troops, seems like his 3-day war is not really going according to plan.

That shifts a bit of attention away from today’s FED’s rate decision, where we are expecting a 75bp rise.

Ahead of the FOMC, the Dollar Index is close to long-term highs. Any disappointment will help create a double top formation, so let’s see

Oil has been moving in a sideways trend over the past few days. It’s been close to local lows, which usually promotes a further slide

There’s a similar situation on the EURUSD, which is currently testing the long-term support on the 0.99

Gold is still trading below the 1685 USD/oz support

GBPUSD breaks the 1.1355 support and sets new, long-term lows

DAX creates a double bottom formation around the 12600 support. Potentially a good occasion to buy.

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