Traders Edge: Market Briefing 28/06/23

In today’s Trader’s Edge Market Briefing, Tomasz has identified the following unique setups that may catch your interest:

• EURUSD: Potential bearish scenario as it attempts to form the right shoulder of a head and shoulders pattern.
• USDCHF: Trading below important horizontal resistance, indicating a sell signal.
• Indices: Experienced a reversal, signaling the beginning of a new bullish correction.
• CAC: Denied head and shoulder pattern, rebounded above the neckline, creating a buy signal.
• DAX: Bounced off crucial horizontal support at 15700 points, generating a buy signal.
• AUDJPY: Currently moving down within a wedge pattern, but long-term prospects suggest an upward breakout.
• USDCAD: Formed a triple bottom and broke the neckline, offering an intriguing buy signal.
• Gold: Currently hitting new monthly lows.
• Brent oil: Currently testing significant horizontal support at $72 per barrel, with a potential breakout below signaling a short opportunity.