- The Turkish Lira eased, drifting further away from a 4-week peak recorded earlier in the week ahead of the Central Bank of the Republic of Turkey's (CBRT) interest rate decision.
- The CBRT slashed its one-week repo auction rate by another 200bps to 12 percent during its December meeting, defying market expectations of a 150bps cut.
- USD/TRY is trading 0.2 percent up at 5.8932, having hit a low of 5.8530 on Monday, its lowest since December 17.
- Momentum indicators are turning bullish - RSI strong at 52.16 and Stochs are biased higher.
- Immediate resistance is located at 5.9052, any close above could take it above 5.9212 (10-DMA).
- On the downside, support is seen at 5.8530 and break below could take it near 5.8404 (55-EMA).
Recommendation: Good to buy on dips around 5.8820, with stop loss of 5.8720 and target price of 5.9052.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



