Traders Edge: Market Briefing 19/07/23 19 July 2023 In today’s Trader’s Edge Market Briefing, Tomasz has identified the following unique setups that may catch your interest: EURUSD: Encounters 61.8% Fibonacci and demonstrates a correction equality pattern, indicating a favorable chance for a decline. USDJPY: Ascends post the formation of an inverse head and shoulders at the 38.2% Fibonacci level. S&P500: Registers new local highs consistently. Dow Jones: Penetrates key horizontal resistance at 34,500 points, signaling a robust buy opportunity. AUDJPY: Persists within the wedge pattern, suggesting an impending upward breakout. CADJPY: Displays an initial upswing, yet overall sentiment remains bearish. USDCAD: Maintains position above the longstanding uptrend line, but encounters increasing sell-side pressure. NZDUSD: Reverts back within the flag pattern, possibly signaling a sell. GBPCHF: Targets long-term horizontal support at 1.17. A bounce from this level could trigger a buy signal. EURGBP: Demonstrates a reversal with the formation of a double bottom. GOLD: Advances following the emergence of an inverse head and shoulders pattern. OIL: Gains momentum post defending pivotal support levels.