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2021/03/24 Market Analysis

Authored by TD Markets
24.03.2021
Market Analysis
0
1 min

ETHUSD

ETHUSD ended up dropping to the support zone. At the moment the market is in the middle of the structure, as such price action will give clues on what's coming next. 


EURCAD

EURCAD has aggressively rejected the 61.8 fibonacci level and is currently forming higher highs. A breakout of the bull flag should see the market continue the uptrend.

SPX500

SPX500 failed to make a higher high upon rejecting the support, and is now back at the support. A break and close below the support zone should see the bears gaining control for a short term back to the previous low.

Authored by TD Markets
24.03.2021
Market Analysis
0
1 min

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