A quick update on the future of the Turkish Lira (TL): Interest rates will rise to the range of 30% to 35% and will remain high for the following years (possibly 2-3 years). The Turkish Central Bank will stop printing vast amounts of money, and getting loans for purchasing houses or cars will become difficult. This action will lower inflation for few years. TL...
Regional activity of Mr. Erdogan with a multiply vector of conflicts between Syria, USA, Russia and other countries borders with Turkey is a main theme for further depreciation of TRY. President Joe Biden became the first US president to officially recognize the massacre of Armenians under the Ottoman Empire as a genocide. This is a new risk. Not legal and...
Well, Keeping it simple as always (or I try at least) Here's another one of my ideas. Long on the Turkish lira (another crazy idea of mine) First Target 18$ Second Target 13$ I just want to be as transparent as possible with you guys. Right or wrong this is another investment of mine. I see on the long term (1 year - 2 years ) a regain of field from the...
This is just an experimental analysis. NFA Target 1 : 14,0 - 15,0 Target 2 : 19,0 - 20,0 Targer 3: 24
OANDA:USDTRY USDTRY is Long until 2024 Fractal Holding Curve Analysis| Fractal Analysis | PriceAction | Short & long | Pivot points |
FX_IDC:TRYUSD Turkish Lira ⏰ Timeframe: 1 Months ♦───📝📊───♦ 👉🚀 Retrace 👉🩸 Final Drop ♦────⚖️────♦ ✔️Logarithmic (Log) Chart ✔️Logarithmic (Log) MACD ✔️Logarithmic (Log) Fibonacci
Since the self-proclaimed monetary "expert" and Father of #MMT Warren Mosler said, "Erdogan has it right" (to lower interest rates back on March 22, 2021), the USD has appreciated by 145% against the $TRY Easy to say, not stupid enough to take his own advice & buy the $TRY Great lesson not to listen to self proclaimed "monetary experts" who could not even...
To be honest it already feels ridiculous to receive 30 TRY for 1 euro! It just doesn't feel right, sorry. This time I will talk no politics, no Erdogan, no West or East (Russia lost although they won so Turkey always goes with the West in the end anyways), no central bank plans etc This time we talk chart only: I was expecting maybe stop at 31TRY/1EUR, finally...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 USDTRY 🔰 LONG 🟢Buy Now or Buy at : 25.8536 ⛔️Stop Loss : 25.2226 🌀Take Profit 1 : 28.4728 🌀Take Profit 2 : 30.8818 ⛔️ Trading and investment in the financial...
Trading Setup: A Trading Signal is seen in the USDTRY Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 25.68 ⭕️SL @ 24.91 🔵TP1 @ 27.90 🔵TP2 @ 29.49 🔵TP3 @ 31.93 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
Trading Setup: There is a Trading Signal to Buy in USDTRY Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 23.05 ⭕️SL @ 22.69 🔵TP1 @ 24.54 🔵TP2 @ 25.44 🔵TP3 @ 26.63 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Hello Traders, I'd like to take a moment to discuss a rather peculiar scenario unfolding in the world of Forex, centered on the Turkish Lira (TRY). It's a tale of two paradises – a seeming conundrum where what seems like a hardship for one can be a fortune for another. 🔥 Hell for Turkish people: Firstly, let's understand the current state of Turkey's economy....
Trading Investing is not about guessing. It is about having the ability to identify key areas and then manage risk. Obviously, my style is not I got 3 pips I am taking profits and I am out! On to the next trade. My style is about capturing big waves with a lot of meat on that bone. Set it and forget is far more profitable than the 3 pip Death by 1000 paper...
MAKE TURKEY THE NEW ARGENTINA the people of Turkey opted for the continuation, eliminating the possibility of recovery. rhetoric won over reality. alas! they are to bear the consequences. FX:USDTRY
Free Daily Signal Forex FX:USDTRY Turkishlira Price Action Multitime frame Analysis | Trend Line Analysis | Fractal Trigger Trading | Head and Shoulders | Order Block Trend Line | Stop Hunting strategies | Channel Analysis| Fibonacci Analysis | Daily Forecast US DOLLAR / Turkish Lira | Forex Trading and Earn money :)
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 USDTRY 🔰 LONG 🟢Buy Now or Buy at : 19.335 ⛔️Stop Loss : 18.745 🌀Take Profit 1 : 20.617 🌀Take Profit 2 : 21.937 ⛔️ Trading and investment in the financial markets ...
Trading Setup: A Trading Signal is seen in the USDTRY Currency Pair. Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 19.50 ⭕️SL @ 19.32 🔵TP1 @ 20.19 🔵TP2 @ 20.80 🔵TP3 @ 21.59 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Could the upcoming Turkey election effect how their currency lira performs against western currencies including the USD? Any potential new leader may be able to get the lira to be much stronger then over the last few years. As for today, the USD against the Turkish lira is the only currency which seems to be somewhat strong in the world of Oanda forex. When my...