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2021/06/08 Market Analysis

Authored by TD Markets
08.06.2021
Market Analysis
0
2 min

EURUSD

EURUSD is still testing structure as yesterday's daily closure was bullish, however the market is still within the zone where it provided a good scenario that the market will reject and push lower.

GBPCHF

GBPCHF tried to rally to the upside but failed to create a new higher high and the market ended up breaking and closing below the trendline. A retest of the trendline will continue the bearish momentum.

XAUUSD

XAUUSD also pushed a lil but higher and is still retesting the trendline but the overall setup hasn't changed. An aggressive rejection will see the market push lower

Authored by TD Markets
08.06.2021
Market Analysis
0
2 min

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