Market News:
Clock Icon
point logo

TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDTRY 28.12.2021

Technical Analysis
Tuesday, December 28, 2021 - 11:01
Point Trader Group
USDTRY 28.12.2021

Overview:

The pair is trading sideways

Expected scenario:

The above chart shows that the pair is trading below a strong resistance level around 12, which enhances the chances of a drop to 10.50

Alternative scenario:

On the other hand, we see that if the 12 level is broken upwards, it may push this pair to rise to 13.40

 

Resistance levels

12.00

12.50

13.00

 

Support levels

11.00

10.50

10.30

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

Related Topics

Latest News

Gold hits new all-time high on Monday
Monday, September 15, 2025 - 17:22
Oil prices jump 2% after drone attack on Russian port
Friday, September 12, 2025 - 17:13
Dow Jones Index Rises 500 Points to New Record High
Thursday, September 11, 2025 - 19:03
Wall Street Frenzy: Crypto-Linked Stocks Soar Amid Crash Risks
Thursday, September 11, 2025 - 00:08

REQUEST A CALL BACK

Get financial advice from Point Trader Group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.

CONTACT US
Open your Real Account now

Start making money from your home!

OPEN REAL ACCOUNT
Try the Demo Account now

Get your free demo trading account!

TRY DEMO ACCOUNT