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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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2021/07/07 Market Analysis

Authored by TD Markets
07.07.2021
Market Analysis
0
1 min

EURCAD

EURCAD is currently testing the resistance zones. A break below 1.47177 will confirm the rejection as well as short-term downside momentum that traders are anticipating.


EURGBP

EURGBP aggressively retraced to the resistance zone. Structurally the market is in a downward channel and as such, traders will be looking for bearish continuation setups upon the rejection.


EURNZD

EURNZD has broken out of a multi-timeframe structure, thus indicating no barriers to the downside. Traders are anticipating the market to drop further since the retest of the resistance zones confirm the break

Authored by TD Markets
07.07.2021
Market Analysis
0
1 min

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