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Dollar Continues Moving Sideways

By:Tomasz Wiśniewski
Published: Dec 21, 2021, 09:23 UTC•1min read
In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups that we thought you’d find interesting.
Mentioned in Article
Germany 30
€12,779.95
-1.02%
Brent Oil
$116.31
+1.87%
EUR/USD
$1.04239
+0.01%
NZD/USD
$0.62121
+0.11%

DAX performs a V-shaped reversal but the optimism stops today on a crucial resistance; 15440 points.

Brent Oil bounces off a crucial dynamic support.

Dollar Index extends the pennant formation awaiting the breakout.

EURUSD enters the rectangle pattern continuing the sideways movement.

After choppy movements, GBPUSD finds itself still trading above the 38,2% Fibonacci.

The same with NZDUSD, which is doing everything to stay above the 38,2% Fibo.

USDCHF continues trading inside of the symmetric triangle pattern.

EURNZD jumps above important horizontal resistance and today, testing it as a support.

CADCHF breaks an absolutely crucial long-term support. That’s a strong sell!

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

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