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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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2021/08/10 Market Analysis

Authored by TD Markets
10.08.2021
Market Analysis
0
1 min

NZDCAD

NZDCAD has been in a retracement however the structure never changed. Traders are keeping an eye out for a break and close above the structure.

US30

US30 has been consolidating for the past 24 hours as it indicates a bit of indecision in the market however, the pattern that is developing indicates bullish momentum. As such traders are anticipating US30 to continue creating new higher highs.

USOIL

USOIL is testing the daily ascending trendline and support zone. The H4 timeframe hasn't changed structure as the market is still in a descending channel. A break and close above the structure would align the 2 timeframes together for a possible bullish leg.

Authored by TD Markets
10.08.2021
Market Analysis
0
1 min

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