USDTRY- 16Nov2021USDTRY- 16Nov2021
On the monthly time frame , we could expect 3 white soldier candles forming. Hence a bullish momentum is expected for the rest of Nov21. We could expect its bullish trend to continue to at least strong 1st Resistance at 10.67160 before facing any bearish pressure.
On the H4 timeframe, we could expect USDTRY to continue its bullish momentum to 1st Resistance at 10.26793.
This is for personal record purposes only, not financial advise or solicitation of trade.
16nov21
EURUSD- 16Nov2021EURUSD- 16Nov2021
On the H4 timeframe, price unexpectedly broke below the descending wedge indicating continual weakness. For today, we could expect it to bounce and retest 1st Resistance at 1.14355 before further downside.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 16Nov2021GBPUSD- 16Nov2021
On the H4 timeframe, yesterday price was more of sideway consolidation. No changes in projection, we could expect short term bounce to 1st Resistance at 1.34670 before further downside to 1st Support at 1.32965.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 16Nov2021DXY - 16Nov2021
On the H4 time frame, price is at resistance. We could expect it to pullback to at least 1st Support at 95.05 before further upside. Stochastic is also at resistance where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.