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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

27/01/2021 Market Analysis

Authored by TD Markets
27.01.2021
Market Analysis
0
1 min

BTCEUR

BTCEUR is testing the demand zone within the falling wedge. The possibility of the market testing the bottom of the structure exists however an aggressive rejection from the demand zone will see a rally back to the previous high.

USDMXN

USDMXN aggressively rejected the bottom of the descending channel which overall has a bullish bias. Its currently pulling back to the demand zone where a bounce will continue the leg further to the upside.

USDTRY

USDTRY is slowing heading towards the previous low which is acting as support observing how sharply the market rejected it. A test and rejection of the zone will like form a double bottom structure which will see the market pushing higher.

Authored by TD Markets
27.01.2021
Market Analysis
0
1 min

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