The wave of ups and downs in the Forex market did not bypass the exotic currencies in 2018. Let’s look at how analysts predict the performance of those ones, which suffered the most during 2018 - the Brazilian real and Turkish lira.
Tag - usd
USD/TRY has moved sharply down this week falling to the support line since the end of November.
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The news on the Brexit progress and the updates on the trade negotiations between the US and China will affect the market today. Watch out to trade GBP/USD and AUD/USD.
The pound has made 2 sharp declines in January but then was bought back and quickly rebounded.
It looks like the downside is still not finished.
Check trading signals on GBP/USD and EUR/GBP.
The most important event for today is the Brexit parliamentary vote…
NZD/USD made a confident rebound during the recent two weeks.
Last week EUR/USD tested 1.1570 but then retraced down and closed below 1.15.
What events are anticipated to make markets volatile?
Learn how to trade GBP/USD and USD/TRY!