USD / TRY rate is priced at 5.35-5.38 in the last hours after seeing the highest level today with 5.40.
We have found a beautiful "Wolfe Formation" and we need to find a nice resistance to process, and we can also review 2 and 4 waves as a trend. The Broken Trend is "PullBack" and the Target is "76780"
The Canadian dollar has ticked higher in the Wednesday session, after considerable gains on Tuesday. Currently, USD/CAD is trading at 1.3278, up 0.10% on the day.
Australia's ties with China and the yerel hard ler products it has produced have developed a historical relationship between local currency and precious metals. The Australian dollar will lose value against the Canadian dollar.
EUR / USD The day began with a very high mobility, rising 0.26% to 1.1384 this morning. And there was a decline again. At the moment, the "Gartley Formation" has occurred and its significant levels have been broken. 1. The target will be "1.12750" and the 2.target will be "1.12300".
To complete the Wolfe Formation, the 5-ci level has to make the bottom. After the dip, you need to wait for the break of 2 and 4-level. If the 1-ci target is "2" then the target will be "1.29".
The CAD / JPY parity is moving towards the "Butterfly" formation. The price is expected to be resistance at "86.520" level. Once the resistance is formed, the formation will be completed and the target will be form 85.600
At the moment the price has been broken. And there is an ascension Trend consisting of the trap. The price should rise and peak at "114,300".
A beautiful BAT Formation is formed, and the price is currently undergoing a significant break at the "D2" level and is heading towards the goal.
If the "BAT" Harmonic Formation is currently occurring, the price can be entered if the price determines "1.55630" Support level. And the target will be "1.56725" Level.
The GBP/JPY pair slipped below the 145.00 level yesterday, dropping from intraday highs in the 145.50 region.
Sterling was also lower against the euro, with EUR/GBP rising 0.35% to 0.8873.
The GBP/USD pair slipped 0.12% to 1.2813 as Brexit worries continued to weigh on the currency.
USD / TRY rate, which is at the lowest level after the record by decreasing to 5.26 on Friday, is downward priced on the first trading day of the new week.
USD/JPY bulls were able to capitalise on a slightly improve tone in risk and rose to 113.13 overnight as US stocks manage to scrape a positive close on Wall Street.