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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.
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A world of Trading assets

2021/04/19 Market Analysis

Authored by TD Markets
19.04.2021
Technical Analysis
0
1 min

AUDJPY

AUDJPY aggressively broke above the descending channel failing to break the previous and is currently rejecting the demand zone. A push to the upside is likely for the market to form a new high.

EURAUD

EURAUD rejected the resistance trendline and looks set to continue to the downside and form a new lower low. A break and close will confirm downside momentum.

LTCUSD

LTCUSD rejected the top of the reversal structure for the 3rd time. A break and close below the support zone will push the market further to the downside.

Authored by TD Markets
19.04.2021
Technical Analysis
0
1 min
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