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EUR/USD, Cable and Silver Bounce From Crucial Horizontal Supports

By:
Tomasz Wiśniewski
Updated: Sep 27, 2021, 12:26 UTC

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

EUR/USD, Cable and Silver Bounce From Crucial Horizontal Supports

SP500 opens higher but Asian and European sessions bring only sour disappointment.

Dax is doing slightly better but we’re still below a major mid-term down trendline.

Nasdaq is breaking the lower line of the wedge, which is actually pretty negative.

GBPUSD is defending crucial long-term horizontal support.

USDJPY continues the upswing after the price broke the upper line of the symmetric triangle pattern.

AUDCHF is trying to create the right shoulder of the iH&S formation.

CADJPY is with a proper buy signal, after the price breaks the neckline and the mid-term down trendline.

GBPJPY is very close to a buy signal as the price is currently breaking the dynamic resistance as we speak.

USDMXN is very close to a major trading signal as we are almost at the end of the symmetric triangle pattern.

Silver is trying to create a double bottom formation on a crucial horizontal support.

For a look at all of today’s economic events, check out our economic calendar.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

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