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13dec21

USDTRY- 13Dec2021USDTRY- 13Dec2021 On the weekly, price was not able to close above previous highs. We could expect the price to have one last impulsive move up and pull back this week. However noting that market participants are awaiting for Turkey's central bank announcement on the 16Dec21 On the H4 timeframe, prices tried to break above previous highs but faced bearish pressure. We will maintain slight bullish momentum for now This is for personal record purposes only, not financial advise or solicitation of trade.
Long
by TTMFS
DXY - 13Dec2021DXY - 13Dec2021 On the weekly, price tested the highs at 96.63 and has been consolidating sideways around the 96.00 level for the past 3 weeks. On the H4 time frame, prices are consolidating inside a triangle. It dropped after the release of US CPI data which came in higher than expected. The US inflation is at the highest y-o-y at 6.8%. If FOMC statement is hawkish coming Wed, we could expect DXY to continue its rally upside. This is for personal record purposes only, not financial advise or solicitation of trade.
TVC:DXY
by TTMFS