USD/TRY Forecast: Lira Stabilizes Amid Expectations of Monetary Policy Easing
USD/TRY stabilizes near 34.50 amid expectations of Turkish monetary easing, inflation challenges, and technical support from an upward trendline.
GBP/USD Analysis: What's Next After Breaking Below 1.25?
The continued strength of the US dollar since Trump's victory has been supporting the downward trend of the GBP/USD currency pair, which recently plunged to the support level of 1.2487, the pair's lowest in six months.
USD/JPY Analysis: Bulls Maintain Strong Control
Despite risk aversion among investors, the US dollar remains more attractive to buy than the Japanese yen, even though both currencies are among the most important safe havens in times of uncertainty.
EUR/USD Analysis: Limited Movement Amidst US Holiday
At the beginning of this week's trading, the EUR/USD currency pair is expected to stabilize around its recent losses, which extended to the support level of 1.0332 last week.
Gold Analysis: Will It Return to the $2800 Peak Again?
Recently, gold prices recorded one of their strongest weekly gains in years. By the end of trading on last Friday's session, the gold price index jumped to the resistance level of $2715 per ounce from $2668 per ounce in the same trading session.
