Buyers Struggle to Keep Indices Higher

Indices started European session relatively high but buyers failed to hold prices in the bullish territory.

DAX creates a false bullish breakout pattern.

SP500 corrects the bullish breakout from the symmetric triangle.

FTSE with a potentially dangerous triple top formation.

Oil pushing higher but chances for a correction are rising.

Gold stays below crucial resistance on the 1850 USD/oz.

Dollar Index fights on important mid-term support.

AUDUSD defends upper line of the ascending triangle.

EURUSD defends 1.19.

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