USD/TRY is once again testing important resistance at 8.7992 and we expect this resistance to be broken soon for a continuation higher towards 10.4147 and maybe even a run away rally much higher if a hyper inflationary situation happens in Turkey.
Support is currently seen 8.5300 and then near 8.2745 and only a break below the later will ease the pressure on TRY.
The material has been provided by InstaForex Company - www.instaforex.com
★ ★ ★ ★ ★
📈 StairSteps is an EA which can trade consolidation zones using a stairstep breakout trading strategy, trail the price and much more.
★ ★ ★ ★ ★
📈 Fluid is a MT4 EA with trend detector, precise entry/exit points and advanced basket trade management which can hedge and recover a loss.
★ ★ ★ ★ ★
📈 Heiken Ashi expert advisor with trend detector and advanced trailing options, such as ATR, PSAR, MA, Fractals and more.
★ ★ ★ ★ ★
📈 NonLagMA is a Metatrader EA that can trade with the trend using the nonlagma indicator to determine the trend and the entries.
★ ★ ★ ★ ★
📈 Auto Recovery is a MT4 EA that can successfully hedge a losing trade or a basket of trades until it will reach breakeven.
★ ★ ★ ★ ★
📈 News was designed to trade news events in an OCO approach and can open multiple trades during the same event.
★ ★ ★ ★ ★
📈 MACD was designed to trade using MACD while following the trend and the signals from the Stochastic indicator.
★ ★ ★ ★ ★
📈 Trailing Stop is a Metatrader expert adisor designed to trail the price using various methods (ATR, MA, chandelier etc.).
★ ★ ★ ★ ★
📈 Renko Expert Advisors is a set of two EAs, Renko Chart and Renko Trader, that can successfully trade with the trend on renko.
★ ★ ★ ★ ★
📈 Traders Dynamic Index expert advisor that can trade with the trend following the TDI trading strategy.
★ ★ ★ ★ ★
📈 Price Channel Expert Advisor for MetaTrader trades within the support/resistance levels, following the up or down trends.
★ ★ ★ ★ ★
📈 Grid expert advisor can trade following a grid trading strategy while following signals from Stochastic.
Bitcoin remains below $100,000, which is a concerning signal for traders. The recent price update to $93,000 and the lackluster buying activ...
Last week, the EUR/USD pair ended with a slight 0.10% decline but posted a weekly gain of 0.51%, amid reduced risk appetite amid specul...
Analysis of Transactions and Trading Tips for the Japanese Yen The price test at 154.66 coincided with the MACD indicator just beginning to...
Trend Analysis (Fig. 1). On Friday, from the level of 1.3187 (yesterday's daily candle close), the market may begin moving downward tow...
Bitcoin has fallen below $100,000, which is a rather alarming signal for traders. Ethereum is also trading around $3,100, preparing to test ...
The EUR/USD currency pair continued to trade in an upward trend on Friday with low volatility. Volatility has been decreasing over the ...
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of fi...
Download NOW!
No comments:
Post a Comment