- The Turkish Lira rallied, hovering towards to an 11-day peak hit last week on upbeat consumer confidence report.
- Turkey's consumer confidence increased to 57.0 in October from 55.8 in the previous month, boosted by an improvement in expectations regarding households' financial situation, general economic situation, and unemployment.
- USD/TRY is currently trading 0.5 percent down at 5.7797, having hit a low of 5.7579 on Friday, its lowest since October 7.
- Momentum indicators are bearish - RSI weak at 49.50, Stochs are biased lower and MACD support downside.
- Immediate resistance level is located at 5.8304 (7-EMA), any close above could take it above 5.8549 (10-DMA).
- On the downside, support is seen at 5.7678, and break below could take it near 5.7522 (55-EMA).
Recommendation: Good to sell on rallies around 5.7982, with stop loss of 5.8153, and target price of 5.7678.


Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/AUD drifts lower after BOE rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Crypto levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD bears maintain upper hand
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: AUD/USD gains some ground but outlook is bearish
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



