Traders Edge: Market Briefing 26/11/21

By Tomasz Wisniewski|

Published: November 26 2021, 09:28 GMT+0

Traders Edge: Market Briefing 26/11/21


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

Shocking night and morning for the vast majority of stock bulls. Indices are collapsing and the new strain of the virus is apparently to blame

In this situation, safe-haven assets like gold for example are gaining traction.

Gold is aiming higher after breaking the neckline of a small inverse head and shoulders pattern

Yen is also gaining, USDJPY is currently performing an attack on the mid-term up trendline

EURJPY is testing crucial long-term horizontal support on the psychological level of 128

USDCHF is dropping after the false breakout from the symmetric triangle pattern

EURUSD is trying a small bullish reversal to test the major horizontal resistance

USDMXN advances higher after the breakout of an important horizontal resistance

EURMXN continues the rise after the price escapes from a beautiful wedge pattern. A price action classic!