A world of Trading assets

News and Insights

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

01/02/2021 Market Analysis

Authored by TD Markets
01.02.2021
Market Analysis
0
1 min

CADJPY

CADJPY is forming the last bullish leg of the ascending channel. A new higher high will complete the structure before a bearish reversal.

BTCUSD (Bitcoin)

BTCUSD managed to complete the previous structure by forming a bullish 3-wave structure. At the moment it looks set to push lower to complete the bigger structure before continuation to the upside. 

USDCHF

USDCHF is falling to reject the resistance zone, thus making it weaker. A break and close above the zone will push the market further up.

Authored by TD Markets
01.02.2021
Market Analysis
0
1 min
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