country flagالعربية
0
0

USD/TRY Daily Technical Analysis | 27 September 2017

2017-09-27 10:57 am | Resource: Technical Analysis Section | No Views : 202

Our neutral view of USD/TRY trading against the lira as long as trading in the range of 3.55 to 3.5329 areas and the SMA 20 does not take a specific direction, which confirms our view of the neutral pair.

USD/TRY  Daily Technical Analysis | 27 September 2017

Relative Strength Index 14 Our view of trading is also neutral due to the lack of 62 zones or 50 levels.
 It is expected that,USD/TRY breaks at the level of 3.5115 may target the level of 3.5030 while in case of breach, the level of 3.5495 may target the level of 3.5766.
Support: 3.5314 - 3.5115- 3.4721
Resistance: 3.5495 - 3.5766 - 3.6014
Trend: neutral


Other news

Dollar gained and Euro weakened as Pound mixed during Monday

The dollar rose and the euro weakened as the pound traded mixed in European trade as traders awaited the new Brexit and trade war after US Commerce Secretary Wilbur Ross said on Monday that a "correct" trade deal with China was more important than signing in November. Ross: China's deal should be right, not quick The comments come after President Donald Trump said the "first phase" deal should be "easy…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.