The USDTRY seeks the exit – Analysis – 11-7-2022
Economies.com
2022-07-11 07:28AM UTC
The USDTRY pair failed to achieve any new positive target recently despite the frequent stability above the key support 16.6000, affected by strong barrier at 17.4000 to force it to form sideways trades.
Note that stochastic fluctuation within the overbought areas will increase the chances of renewing the bullish attempts to keep waiting to surpass the mentioned barrier and activate he bullish scenario and wait to achieve new gains that might start at 17.7100 followed by reaching 18.3600 in the upcoming period.
The expected trading range for today is between 17.0000 and 17.7100
The expected trend for today: Bullish
Forex and Currency News
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex
Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
The EURGBP leans above the moving average – Forecast today – 15-5-2024
2024-05-15 05:36AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP price ended the recent trades ...
Forex
The EURJPY lacks the positive momentum – Forecast today – 15-5-2024
2024-05-15 05:33AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair ended the recent positive rally ...
Forex
The GBPJPY fluctuates below the barrier – Forecast today – 15-5-2024
2024-05-15 05:32AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair touched 197.10 target yesterday, ...