October 21-25, 2019 Week

USDTRY

Dollar Turkish Lira

seems to continue increasing while breaking  last week’s high (5.93821) to head re-visiting latest record of 6.32949, as long as it trades above 5.7632 level..

 

Support is at 5.7096-7045 range which you should be careful about…

EURO

Euro is still cheap !

It shall continue rising to break 1250 resistance as for heading 1.1342 target, as long as it trades above 1171 level..

 

Support is at 1.1046 level…

GOLD

Gold ‘s direction for this week will be decided by the market because of last week’s doji formation; above 1498.51 it shall increase whereas it shall decline below 1476.43 level… 1475 is also important level as for buyers to be enough to change the direction.. If buyers fail, the correction to be confirmed at 1378 level..

 

Resistance is at 1517 level…

                         *sorry for the delay of this week’s posting on Tuesday  🌷

@banuakbez & @bpwme in all social media  while tuning in with #banuakbez & #bpwme

copyright @ 2019 – Banu Akbez (#fba

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