Traders Edge: Market Briefing 21/12/22

By Tomasz Wisniewski|

Published: December 21 2022, 11:50 GMT+0

Traders Edge: Market Briefing 21/12/22

In today’s Trader’s Edge Market Briefing, Tomasz discovered the following unique setups we thought you might find interesting.

USDJPY reaches a key, long-term support which is a good place to initiate a bullish correction.

EURAUD continues trading above crucial horizontal support, which makes the recent breakout a legitimate one.

DAX creates a beautiful hammer candle and starts a bullish reversal.

No significant changes about Dow Jones, except on the combination of two great supports – 38,2% Fibo and the upper line of the falling wedge formation.

GBPUSD aims the long-term up trendline. The events of the next few weeks on this pair depend on what happens here.

NZDUSD is currently breaking a long-term up trendline triggering a sell signal.

EURGBP continues the upswing after successful defense of the 0.858 support.

Brent oil breaks the mid-term down trendline and is aiming the horizontal resistance on the 84 USD/bbl.


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