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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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2021/06/29 Market Analysis

Authored by TD Markets
29.06.2021
Market Analysis
0
1 min

EURJPY

EURJPY has been slowly correcting to the downside. This indicates less momentum from the sellers. Structurally the market is testing a demand zone. Traders could see a push to the upside once the bull flag completes.


EURNZD

EURNZD rejected a support zone twice and has been creating higher highs and higher lows. A retest of the current support will continue the formation to the upside.


EURUSD

EURUSD has been correcting to the downside after the market rejected the 1.19680 price level. At the moment the market is testing the support zone. A break and close above the resistance of the channel should push the market to the upside.

Authored by TD Markets
29.06.2021
Market Analysis
0
1 min

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