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2021/08/24 Market Analysis

Authored by TD Markets
24.08.2021
Market Analysis
0
1 min

EURUSD: (update)

EURUSD slightly pushed above the trendline however the 61.8 and 78.6 fib retracement levels are levels traders are keeping an eye on. If price rallies above the 78.6 level, the setup will be invalidated.

USDJPY: (update)

USDJPY pushed down to the ascending trendline as well as the 50.0 fib retracement level. The bullish setup is still valid as long as the market does not close below the 78.6 fib level.

XAUUSD: (update)XAUUSD broke above the pattern and rallied straight to target.

Authored by TD Markets
24.08.2021
Market Analysis
0
1 min

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