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Stocks Erase Tuesday Loses, On The Way Towards New Highs Again.

By:
Tomasz Wiśniewski
Published: Oct 8, 2020, 12:33 UTC

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

Stocks Erase Tuesday Loses, On The Way Towards New Highs Again.

In this article:

Stocks erased Tuesday’s loses and are heading significantly higher.

EURUSD fell back below crucial support and are now testing the lower line of the flag.

EURAUD still locked inside of the long-term range.

AUDNZD breaks the neckline of the inverse head and shoulders pattern and the upper line of the flag.

USDJPY creates a small pennant after breaking major long-term dynamic resistance.

EURNZD with the head and shoulders pattern but the first attack on the neckline was unsuccessful.

NZDCAD with a head and shoulders pattern but the first attack on the neckline was unsuccessful too.

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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