Technical Analysis – EUR/TRY

EUR/TRY 17/05/2018 | EconAlerts

EUR/TRY holds just below an all-time high of 5.3236; indicators endorse a positive move. EUR/TRY is set to complete the third straight green week, while it reached a new all-time high of 5.3236 during Wednesday’s trading session, despite that it ended the day in the red. Currently, the pair is trying to pare yesterday’s losses, while the technical […]

Technical Analysis – EUR/TRY

EUR/TRY 11/04/2018 | EconAlerts

EUR/TRY skyrockets to a fresh all-time high of 5.1931. EUR/TRY reached another all-time high of 5.1931 today, posting the ninth consecutive bullish day. Over the last couple of days, the pair is posting new highs with aggressive mode and is trading well above its moving averages. The bullish picture in the medium-term is further supported […]

Technical Analysis – EUR/TRY

EUR/TRY 22/03/2018 | EconAlerts

EUR/TRY (Euro/Turkish Lira) moves near all-time high; further upside movement is expected. EUR/TRY reached an all-time high near the 4.8700 handle on Tuesday as the price extended its bullish run after it jumped above the 4.7350 key level. The bullish picture in the medium-term has been holding since February 2017 and is further supported by the technical indicators. Short-term momentum […]