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...
When we look at the monthly logarithmic chart, we see that it is in a parabolic uptrend from 2008. With the inflation that comes with incredible money printing, there is a possibility that it will reach the levels of 27-35 TRY. It is not investment advice.
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 ...
Preferred direction: BUY Comment: The outlook for the EURUSD currency pair is quite optimistic, despite the fact the last week passed as part of the strengthening of the US dollar. At the moment there is a potential false breakdown of the level 1.09071. As soon as the price closes above this level, then buy trades immediately take effect. The first target is at...
Hello traders, I am expecting a drop towards the FVG below which I have Indicated on the chart... hope y'all good trading <3
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...
Preferred direction: SELL Comment: The pressure on the euro caused by fundamental factors, especially on Friday, forced buyers to retreat significantly and take aside plans to go to 1.10677. Now, the best way would be to wait for the approach to the support area 1.07882-1.08312. Thank you for like and share your views!
The Central Bank of Türkiye will raise interest rates for the first time in years. 8.5 to 18 or 20 950 basis points expected
Preferred direction: SELL Comment: The Japanese yen has been rising, and trying to catch a V-revers is not the best idea. However, the pair has a good potential for a correction against the background of a well-established pattern of horizontal levels, as well as volume distribution. In addition, the yen will also actively respond to the speeches of the head...
Preferred direction: BUY Comment: The EURUSD currency pair continues to trade near the level of 1.09526, but buyers are still unable to close higher. For potential growth, this is a necessary item for a successful entry point with a small Stop Loss. It is also necessary to remember about the SELL-set up, if the sellers still manage to close below the local...
%19 Interest rate, huge debts, vaccination progress is still very low. Turkish Central Bank manager kicked out because of interest rates, but we have still a huge interest rate and USD/TRYis still going forward. What Turkey could do? No tourism income for now, no leverage hand for interest anymore. Unfortunately, TRY will be 10 soon if we close daily above 8.58....
Preferred direction: BUY Comment: The focus of attention still at the level 1.09526, that acts as a local resistance. The closest approach to this level, combined with a price close above this level, will generate buying in the market with the target at the level 1.10677. Closing the price above the level may be today. Thank you for like and share your views!
Preferred direction: BUY Comment: Over the past week, buyers have significantly pushed the price up and fixed it at the highs, preventing the instrument from rolling back lower. Most likely, the movement against the dollar would continue for many instruments, and especially for EURUSD. Active trades will definitely resume only on Tuesday, it is on this day...
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....
Given that I am Long on EURUSD this period i prefer to trade EURTRY instead of USDTRY: Check my post here for targets: Thoughts: Some governments (not the people) prefer their currency cheap, it helps with exports. People choose their government. In this case Erdogan has been re-elected. A cheaper Turkish lira supports the plan of what I will dare to call...
Some governments (not the people) prefer their currency cheap, it helps with exports. People choose their government. In this case Erdogan has been re-elected. A cheaper Turkish lira supports the plan of what I call 'Islamo-Chinaization': Cheap currency helps bring tourism and business but does not help the Turks study abroad or buy from abroad. China for...
I think USD/TRY has reached the 5th label of the 5th wave. I expect a decline in the exchange rate when the new central bank governor is appointed.