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Market Know Who Will Be The Next President

By
Tomasz Wiśniewski
Published: Nov 4, 2020, 10:04 GMT+00:00

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

Market Know Who Will Be The Next President

No Blue wave, no red wave, just black uncertainty. That is the first outcome of the Election Day. Its simply too close to call and we still don’t know who will be the next POTUS. Markets have their winner though and this is Donald Trump. Indices clearly surged, when investors found out that Donald Trump has much bigger chances for reelection then they previously thought.

Nasdaq surged overnight and is currently testing the 11560 points as a resistance.

DAX is on its way to test the neckline of a big H&S pattern.

FTSE is climbing higher after a bullish bounce from the lower line of the wedge.

Oil is still in the positive territory after a false breakout from the symmetric triangle.

GBPUSD is creating a nice head and shoulders pattern, with price still above the neckline.

EURPLN is back below the 4,59, that looks rather bearish.

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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