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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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26/01/2021 Market Analysis

Authored by TD Markets
26.01.2021
Market Analysis
0
1 min

CADJPY

CADJPY broke the support trendline after failing to break the previous daily high. There are signs of bearish momentum however that will be confirmed upon the break and retest of the support zone.

GBPJPY

GBPJPY is rejecting the weekly resistance zone. At the moment it is in between the key levels. A break below the support trendline will further drop the market.

XRPUSD (Ripple)

XRPUSD is within a descending channel which structurally has a bullish bias. A rejection on the demand zone will see the channel breaking to the upside

Authored by TD Markets
26.01.2021
Market Analysis
0
1 min

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