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16/03/2021 Market Analysis

Authored by TD Markets
16.03.2021
Market Analysis
0
1 min

BTCUSD:

Bitcoin is preparing to continue to the upside as the retracement is currently at the support zone as well as the 61.8 fib level. A rejection will see the market rally higher.

EURGBP

EURGBP made the push to the upside and is now forming a new high. Momentum to the upside is there and a continuation pattern will see the market continue higher.

USDJPY

USDJPY is failing to break and close above the previous high and is now showing weakness to the upside. A break and close below the ascending trendline will see the market pushing lower.

Authored by TD Markets
16.03.2021
Market Analysis
0
1 min

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