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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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2021/06/24 Market Analysis

Authored by TD Markets
24.06.2021
Market Analysis
0
1 min

CADJPY

CADJPY is rejecting the resistance zone and trendline. This provides a scenario to traders that the market might reverse and continue the bearish run or this is the start of the correction. Whatever the case is, traders are keeping an eye for short opportunities to the 50.0% area of the bullish leg.


GBPJPY

GBPJPY is also rejecting the resistance zone and trendline. Any bearish continuation patterns will confirm the bear move.


NZDCAD

NZDCAD recently formed a bullish move that broke above the trendline however no higher high has been formed. A higher high and a bullish continuation pattern will confirm the bull move.

Authored by TD Markets
24.06.2021
Market Analysis
0
1 min

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