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2021/08/03 Market Analysis

Authored by TD Markets
03.08.2021
Market Analysis
0
1 min

XAUUSD

GOLD seems to be losing momentum to the upside as seen by the market failing to push to the upside upon the rejection. A break and close below the support could see the market dropping further.

USDCAD

USDCAD is correcting back to structure as traders are anticipating a break and retest. At this point traders are bearish on this market and are keeping a close eye on the resistance zone for bearish continuation.

GBPCAD: (update)

GBPCAD  has rallied +60 pips and is just a few by shy of the target.

Authored by TD Markets
03.08.2021
Market Analysis
0
1 min

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