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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.
A world of Trading assets

22/02/2021 Market Analysis

Authored by TD Markets
22.02.2021
Market Analysis
0
1 min

ETHUSD (Ethereum)

ETHUSD has pushed down to the demand zone after bouncing from the resistance channel line. A rejection will see the market continue to the upside.

US30

US30 broke below the ascending trendline and failed to form a higher high as the market formed a retest of the trendline. Currently what we can see is either the start of a counter-trend wave or a reversal however a break below the minor support will see the market pushing lower.

USDZAR

USDZAR broke the descending channel and it looks set to push higher. A break above the resistance will provide momentum to the upside.

Authored by TD Markets
22.02.2021
Market Analysis
0
1 min

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