USD/TRY defends 50-DMA as bulls eye a sustained move above 12.00 USDTRY Currencies Technical Analysis Turkey
The market mood remains mixed amid surging covid cases globally, underpinning the US dollar’s haven demand. Additionally, rising inflation expectations also collaborate with the dollar’s upside, keeping the sentiment buoyed around the spot.
Looking at USD/TRY’s technical chart, the spot yielded a daily closing above the 50-Daily Moving Average resistance, now at 11.70, having bounced off the critical 100-DMA support in the previous week. Failure to resist above the 50-DMA could recall sellers for a test of Monday’s low of 11.07, below which the 100-DMA at 10.18 will be back in play.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Man and woman had 12-year-old flown from Texas to east coast for sexAdrienne Klein, 43, of Gulf Breeze, Fla. and Gesart Hoxha, 20, of Buford, Ga. allegedly paid for the child to fly from Texas to the Atlanta area then put her up in a hotel, Fox 5 reported Thursday.
Weiterlesen »
12 Creative Ways To Use Up Christmas LeftoversI've been a lifestyle journalist for over half a decade, primarily covering all things food, culture, and wellness. Besides Forbes, my work has been published in Cosmopolitan, The News Hub, Blasting News UK, and OneWorld South Asia, among other publications. You can also find me delivering bite-sized, evidence-backed tips on all things wellness and healthy living on my newly-minted podcast 5 Minutes to Wellness: http://anchor.fm/fiveminutestowellness
Weiterlesen »
These 12 Incredible Hair Dryers Are All Under $100Cancel your salon appointment.
Weiterlesen »
Post-Snap Reads 12/27: Seahawks hit rock bottom with collapse vs. BearsRead!
Weiterlesen »
The 12 most intriguing animal discoveries of 2021Here are our editors’ picks for the most compelling wildlife findings of the year, from ants that can regrow their brains to the world’s tiniest reptile.
Weiterlesen »
NYC vaccine mandate for private employers and those 12 and older in effectA COVID-19 vaccine mandate for all private employers is now in effect in New York City. Also, New Yorkers aged 12 and older are now required to show proof of two vaccine doses to enter most indoor venues.
Weiterlesen »