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Stocks, Yen and USD Reverse

By
Tomasz Wiśniewski
Published: Apr 20, 2022, 11:14 GMT+00:00

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

Stocks, Yen and USD Reverse

Global Financial Markets Technical Analysis

Indices are trying for a bullish reversal after performing poorly the first half of April.

The Yen stopped the series of losses and reversed across the board.

The EURUSD reversed after testing the 1.08 support. As for now, it looks like this support has been defended.

The EURGBP climbed above the 0.83 support.

The USDJPY reversed to test the area around 123.5 as a crucial, long-term support.

The AUDUSD bounced off a long-term up trendline. A great place to start a bigger rise.

Gold dropped below the 1970 support. That brings a negative sentiment.

Traders Edge: Market Briefing Video 20.04.22

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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