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Europe Opens With the Risk ON Mode

By:
Tomasz Wiśniewski
Updated: Dec 6, 2021, 10:21 UTC

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

Europe Opens With the Risk ON Mode

In this article:

Futures start the new week on the front foot, with the SP500 being above crucial support on the 4555 points.

DAX is trying to draw a right shoulder of the iH&S formation.

USDJPY is defending the crucial support on the 112.8.

AUDNZD is escaping from the wedge to the upside, giving hope for another bullish wave.

GBPUSD is bouncing off the 38,2% Fibo and the lower line of the flag, in theory, that’s a good place for a proper buy signal.

EURPLN continues to drop after the false breakout above the 4.64.

The Mexican peso turned around the weakness it experienced at the end of last week and starts the new week with gains.

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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