USD/TRY Price Analysis: Defends critical support above 13.00 on CBRT’s status-quo

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

USD/TRY Price Analysis: Defends critical support above 13.00 on CBRT’s status-quo USDTRY Technical Analysis Currencies CBRT YieldCurve

, the confluence of the bullish 21 and 50-Daily Moving Averages at 13.05 will be a tough nut to crack should the daily lows give way.

Bulls need to find a strong foothold above the 14.00 threshold to negate the recent bearish momentum. The December 21 high of 14.14 will be the next relevant upside target.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold Price Analysis: XAU/USD momentum eases for now after stop run sends prices above $1840Spot gold (XAU/USD)’s upside momentum has waned in recent trade, with prices trading in more of a subdued manner near $1842 after bursting above resis
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Analysis: XAU/USD surges to multi-month highs above $1835 amid technical buying/short-squeezeWith the dollar taking a breather from its earlier weekly gains and US yields either flat or seeing some modest retracement of recent gains, spot gold
Source: FXStreetNews - 🏆 14. / 72 Read more »

Turkish Central Bank Leaves Policy Unchanged - USD/TRY Pares Initial DipThe Turkish Central Bank left its weekly repo rate unchanged 14%, in-line with expectations. Get your market update from JMcQueenFX here:
Source: DailyFX - 🏆 305. / 63 Read more »

USD/JPY Price Analysis: Justifies Tuesday’s bearish Doji to drop towards 114.00USD/JPY Price Analysis: Justifies Tuesday’s bearish Doji to drop towards 114.00 By anilpanchal7 USDJPY Technical Analysis ChartPatterns SwingTrading Candlesticks
Source: FXStreetNews - 🏆 14. / 72 Read more »

NZD/USD bulls stepping back to the table into the closeNZD/USD was under pressure on Tuesday but is making an advance into the closing hours of the New York session, trading at 0.6773 after climbing from a
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD subdued just above 200DMA at 1.2500 as higher oil prices, hawkish BoC bets insulate loonie from buoyant buckUSD/CAD subdued just above 200DMA at 1.2500 as higher oil prices, hawkish BoC bets insulate loonie from buoyant buck By Frank_Macro USDCAD BOC Fed WTI Oil
Source: FXStreetNews - 🏆 14. / 72 Read more »