Monday Starts Promising for Indices and Commodities

Indices starts the new week on the front foot.

SP500 is inside the short-term symmetric triangle pattern.

Nasdaq is in the same formation but in the long-term.

DAX is inside of the ascending triangle formation awaiting bullish breakout.

Gold still trades above 1850 USD/oz.

Brent Oil flies away after breaking the upper line of the triangle.

Dollar Index attacking crucial horizontal support.

AUDUSD attacking the upper line of the triangle.

EURAUD is about to test the lower line of the long-term sideways trend.

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