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USD/TRY recedes to sub-5.60 levels following daily highs. Markets in Turkey will be closed until tomorrow evening. Risk-off sentiment keeps weighing on EM FX space. The Turkish Lira has regained the downside on Wednesday after USD/TRY closed Tuesday’s session slightly in the negative ground and in levels coincident with the key 200-day SMA around 5.60.
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Trendline Breakout forex Trading Strategy With|The Complete Guide to Breakout Trading A breakout occurs when the price moves beyond a certain level. So, breakout trading is entering trades when momentum is in your favor. Breakout trading guarantees you catch every trend in the market — that’s why it’s widely used by Trend Followers, CTAs, and
China’s Hong Kong Affairs office is out with the latest statement, via Xinhua, condemning the ongoing protests at the Hong Kong international airport. Key Headlines: Strongly condemns violent protests at Hong Kong airport. Strongly condemns violent protesters’ attack of mainland Chinese journalist, the tourist in Hong Kong airport. Supports Hong Kong police arresting violent protesters in
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