Forex, Commodities and Stock Indices Analysis: Yen Weakens Again
Published: Apr 11, 2022, 11:14 UTC•1min read
In today’s Traders Edge Market Briefing, Tomasz found these amazing setups that we thought you’d find interesting.
Mentioned in Article
US SPX 500
$4,208.60
-0.12%
USD/JPY
¥139.766
-0.45%
EUR/GBP
£0.86466
-0.27%
Gold
$1,959.48
+0.92%
Brent Oil
$73.89
-4.32%
Global Financial Markets Technical Analysis
Monday is definitely a bad day for the Japanese Yen. Sell-off accelerates
SP500 is still inside of the wedge correction pattern. A long-term bullish sentiment remains intact
USDJPY is trading above the long-term neckline of a giant inverse head and shoulders pattern
CHJPY climbs higher after escaping the ascending triangle to the upside
NZDUSD cancels the inverse head and shoulders pattern
EURGBP still flirts with the 0.83 support. Looks like sellers will try a breakout one more time
Gold climbs higher after the bullish breakout from the symmetric triangle
Brent oil breaks the long-term up trendline. The next major support on the 86 USD/bbl.
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Traders Edge: Market Briefing Video 11.04.22
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