USD/HUF mid-term buyers gaining momentum

On the 4H USD/HUF chart, the MACD has moved above zero denoting an uptrend.

Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push USD/HUF higher.

USD/TRY in fresh cycle highs near 2.95

The Turkish lira continues to depreciate vs. the greenback on Wednesday, sending USD/TRY to fresh historical highs beyond 2.9400...
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Intraday SMA cross seen on USD/NOK

Intraday SMA cross seen on USD/NOK
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