Traders Edge: Market Briefing 29/04/21

By Tomasz Wisniewski|

Published: April 29 2021, 11:43 GMT+0

Traders Edge: Market Briefing 29/04/21


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

Gold is bouncing from a crucial support with a hammer formation on the daily chart

Silver is still in a a mid-term channel up formation

The SP500 is at the all-time highs

The Dow Jones and Dax are still inside a tight range, in both cases we’re waiting for a breakout

The EURUSD is still moving upwards

The USDCAD is moving lower after a false breakout from the down trend.

The Bank of Canada (BoC) is helping the situation

The EURCAD is also moving lower but the drop is slowed down by a stronger EUR

The NZDCHF is inside a rectangle pattern, waiting for a decisive breakout