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It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
A world of Trading assets

12/02/2021 Market Analysis

Authored by TD Markets
12.02.2021
Market Analysis
0
1 min

GBPAUD

GBPAUD broke below the ascending trendline after failing to form a higher high 3 times. A retest or continuation pattern will continue pushing lower.

USDCAD

USDCAD broke above the descending trendline after forming a double bottom. A retest of the trendline will indicate bullish continuation.

XRPUSD (Ripple):

XRPUSD is at the resistance of the channel. An aggressive rejection will push the market back to the previous support zone.

Authored by TD Markets
12.02.2021
Market Analysis
0
1 min

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