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.
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