Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/TRY: a lot of problems... for TRY
USD/TRY: a lot of problems... for TRY

One US dollar buys almost eights Turkish liras now. May it be sixteen in another couple of years? Check the article to see why that is a possibility.

How about CHF/JPY?
How about CHF/JPY?

CHF/JPY retraced 61.8% of its August-September decline, corrected down, formed a higher low above the 100-day MA and now seems eager to rise to the 78.6% Fibonacci level at 116.90.

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