A world of Trading assets

News and Insights

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

2021/05/14 Market Chat

Authored by TD Markets
14.05.2021
Market Commentary
0
1 min

AUDJPY

AUDJPY broke and closed below the support zone and dropped 34 pips hitting the target before reversing to the upside.

ETHUSD

ETHUSD spiked 3 times before breaking and closing above the descending trendline. A break and close above the resistance zone will see the market confirming the rejections and pushing higher.

LTCUSD

LTCUSD is still trapped in the support zone, it formed a reversal pattern which indicates the market is preparing for a push to the upside. A break and close above the counter-trendline will see the market pushing higher.

Authored by TD Markets
14.05.2021
Market Commentary
0
1 min

latest news

TD Markets

Africa’s Favourite broker

TD Markets provides you with access to the industry leading platform, Metatrader 4. This platform, easily accessible from any device, facilitates your trading experience by offering numerous tools, including indicators, expert advisors and open source algorithmic trading scripts.
Why TD Markets