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.
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