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A world of Trading assets

25/02/2021 Market Analysis

Authored by TD Markets
25.02.2021
Market Analysis
0
1 min

BTCUSD (Bitcoin)

BTCUSD is about to continue the bullish momentum more especially that the recent drop is rejecting the demand zone as well as forming a bullish flag as confirmation. 

EURGBP

EURGBP is rejecting the daily support zone and bouncing on the support channel line. A break above the flag will form the next impulse wave.

SPX500

SPX500 invalidated the previous sell setup as the market aggressively broke above the resistance zone which indicates bull momentum. A retest of the resistance turned support zone will continue the bull momentum.

Authored by TD Markets
25.02.2021
Market Analysis
0
1 min
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