Traders Edge: Market Briefing 01/02/23
01 February 2023
In today’s Trader’s Edge Market Briefing, Tomasz discovered the following unique setups you might find interesting.
USDJPY awaits the FED below a key resistance on the 131
EURUSD stopped moving completely in the past few days. The only direction the chart is moving now is right
EURAUD is dangerously descending toward the 1.527 support
SP500 created a very promising bullish candle yesterday and traders seem quite optimistic about today’s FED
DAX is still trading inside of a pennant but Wednesday for sure will bring us a breakout
Dow Jones is having a very similar situation to DAX but the pennant is slightly bigger
EURCHF is flirting with key support created by the lower line of the wedge and the low from February 2022