V-Shape Reversal on Stocks. Something That We Got Used To

Gold, did not manage to break the upper line of the flag but still defends above the major support on 1850 USD/oz.

Silver on the other hand, broke both important resistances, horizontal and dynamic one.

Oil tries to defend the lower line of the channel up.

Major indices with V-shape reversals.

EURUSD aims higher again.

USDJPY denies the Inverse Head and Shoulders pattern and aims lower.

USDCAD bonces from a crucial long-term horizontal resistance.

EURAUD possibly with another false breakout, this time to the downside.

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