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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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2021/08/31 Market Analysis

Authored by TD Markets
31.08.2021
Market Analysis
0
1 min

EURCAD: 

EURCAD is testing the ascending trendline correctively. Traders are anticipating the market to continue to the upside, as such the break and close above the counter-trendline will confirm bullish momentum.


US30:Traders are anticipating US30 to break the resistance and continue the bullish momentum. The market has failed to create lower lows upon the rejection from the zone and as such, the zone might be getting weak.


USDJPY

USDJPY has been failing to create higher highs which indicates more buyers are getting out of the market. The break of the ascending trendline will confirm bearish momentum

Authored by TD Markets
31.08.2021
Market Analysis
0
1 min

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