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EUR/TRY Intraday: The upside prevails as long as 56.0544 is support
Nov 4, 2026 6:00 AM
The upside prevails as long as 56.0544 is support, with 56.3995 and 56.4777 as targets
Our pivot point is at 56.0544.
Our preference:
The upside prevails as long as 56.0544 is support, with 56.3995 and 56.4777 as targets
Alternative scenario:
below 56.0544, expect 55.9233 and 55.8452.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 56.1376 and 56.0485).
Supports and resistances:
56.5559 *
56.4777 **
56.3995
56.2100 last
56.0544 **
55.9233 *
55.8452 **
Our preference:
The upside prevails as long as 56.0544 is support, with 56.3995 and 56.4777 as targets
Alternative scenario:
below 56.0544, expect 55.9233 and 55.8452.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 56.1376 and 56.0485).
Supports and resistances:
56.5559 *
56.4777 **
56.3995
56.2100 last
56.0544 **
55.9233 *
55.8452 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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EUR/TRY
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