Dollar Comes Back to The Bearish Trend. Gold and Silver Rise

By:

Tomasz Wiśniewski

Published: Jul 29, 2021, 11:34 GMT+00:00

Dices cubes to trader. Cubes with the words SELL BUY on financial chart and columns of quotations as background. Selective focus

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

Jerome Powell buried the USD, helped precious metals and as almost always…stocks
U.S. dollar index breaks the lower line of the channel up formation and goes down
Silver comes back inside of the symmetric triangle pattern, that’s bullish
Gold climbs higher
The NZDJPY is creating an inverse head and shoulders pattern on an important support
The CHFJPY goes higher after a very handsome technical setup, which we discussed in our previous video
The EURUSD with a false bearish breakout of a neckline, that’s super bullish
The USDCAD goes down as expected. Shooting star on a weekly chart is no joke
Indices push higher, same thing, different day

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About the Author

Tomasz Wiśniewskicontributor

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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