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Monday Brings Us Higher Volatility on Major Indices

By:

Tomasz Wiśniewski

Updated: Jan 3, 2021, 23:55 GMT+00:00

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

Monday Brings Us Higher Volatility on Major Indices

Indices start the new week on local highs and then quickly collapse. The start of the European session brings buyers a bit of relief, volatility is definitely here!

DAX bounces from the lower line of the triangle.

SP500 on the other hand, bounces from the upper line of the triangle.

Gold moves gradually lower.

Oil locked in a flag, aiming the latest broken resistance.

Dollar Index heading lower again.

EURUSD do not stop the upswing.

EURAUD still defending major horizontal support.

The same goes with the USDCAD, which is holding above 1.297.

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

About the Author

Tomasz Wiśniewskicontributor

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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