Traders Edge: Market Briefing 13/09/23
13 September 2023
In today’s Trader’s Edge Market Briefing, Tomasz has identified the following unique setups that may catch your interest:
- EURUSD remains relatively stable despite slightly higher inflation data.
- USDJPY is still near local highs.
- USDCHF is making progress toward testing the 0.9 resistance level.
- Indices are showing signs of upward movement, with S&P500 forming a hammer candle.
- Dow Jones is maintaining its position above the long-term uptrend line.
- NASDAQ and DAX are both attempting to form hammer candles.
- GBPCHF is in a sideways trend, bouncing off the lower line and potentially testing the upper line.
- Gold is testing the key psychological support level of 1,900.
- Oil is reaching new long-term highs, with Brent oil approaching the psychological barrier of $100 per barrel.