Traders Edge: Market Briefing 08/02/23
08 February 2023
In today’s Trader’s Edge Market Briefing, Tomasz discovered the following unique setups you might find interesting.
After escaping the channel-down pattern, USDJPY fights on the 131 support
GBPJPY continues moving sideways inside the symmetrical triangle pattern
EURUSD records fourth bearish day in a row but Wednesday may bring a correction
Dow Jones attacks the upper line of the triangle but the breakout is still far from certain
EURCHF breaks the lower line of the wedge and triggers a proper, long-term sell signal
USDCHF fails to break the upper line of the channel down formation and continues trading inside of this formation
Gold finds support on the lower line of the channel-up pattern
Oil reverses but the situation is still far from great. Brent is staying in a negative territory