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USDTRY

💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (17.9722). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 18.5000 TP2= @ 19.0000 TP3= @ 19.5000 TP4= @ 20.0000 TP5= @ 20.5000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (17.9722). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 67. Take Profits: TP1= @ 18.5000 TP2= @ 19.0000 TP3= @ 19.5000 TP4= @ 20.0000 TP5= @ 20.5000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
USD/TRY now looks to the CBRTUSD/TRY now looks to the CBRT - USDS/TRY clinches the second session in a row with gains on the back of the continuation of the bid bias in the greenback, always amidst persistent risk-off tone and helped further by rising US yields. - In the meantime, the lira is expected to remain under scrutiny ahead of the interest rate decision by the Turkish central bank (CBRT) later in the week. Consensus among investors, however, sees the central bank staying on the sidelines and keeping the One-Week Repo Rate unchanged at 14.00%. What to look for around TRY - The upside bias in USD/TRY remains unchanged and stays on course to revisit the key 18.00 zone. - In the meantime, the lira’s price action is expected to keep gyrating around the performance of energy and commodity prices - which are directly correlated to developments from the war in Ukraine - the broad risk appetite trends and the Fed’s rate path in the next months. - Extra risks facing the Turkish currency also come from the domestic backyard, as inflation gives no signs of abating (despite rising less than forecast in July), real interest rates remain entrenched in negative figures and the political pressure to keep the CBRT biased towards low interest rates remains omnipresent. In addition, there seems to be no Plan B to attract foreign currency in a context where the country’s FX reserves dwindle by the day. *Key events in Türkiye this week: Budget Balance (Monday) – CBRT Interest Rate Decision (Thursday). Eminent issues on the back boiler: FX intervention by the CBRT. Progress (or lack of it) of the government’s new scheme oriented to support the lira via protected time deposits. Constant government pressure on the CBRT vs. bank’s credibility/independence. Bouts of geopolitical concerns. Structural reforms. Presidential/Parliamentary elections in June 23. USD/TRY key levels - So far, the pair is gaining 0.13% at 17.9604 and faces the immediate target at 17.9874 (2022 high August 3) seconded by 18.2582 (all-time high December 20) and then 19.00 (round level). On the other hand, a breach of 17.1903 (weekly low July 15) would pave the way for 16.3438 (100-day SMA) and finally 16.0365 (monthly low June 27). - USD/TRY adds to Monday’s gains near the 18.00 mark. - The current consolidation remains capped by 18.00. - The CBRT is expected to keep the current status quo. The lira depreciates further and motivates USD/TRY to once again challenge the upper end of the current range just below the 18.00 yardstick on Tuesday.
by AliSamadiTR
#Stable Dominance giving us a hint for a green weekend!!USDT Dominance is in play. Testing the blue EMA right now after the breakdown.Although this is a 4 hour chart but most of the people trade on leverage so keep in mind an hourly full candle close above the 6.28% followed by a confirmation candle would mean I will close my long positions manually and this chart will be invalidated. Unlikely, but you never know. Always be prepared for the worst. I am holding Long positions right now. Let me know what you think. Do hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
1
#USDT Dominance:- Do not #FOMO during #FOMCMake sure you have a plan before you press that buy or sell button during these confusing times.👀 If not, wait for the right time. If you don't have one, wait for the right time. The market favors the one who understands risk. Even if we start pumping from here, wait for the daily close. The whole market will only be bullish if BTC goes back above the recent low which is quite tough as of now. I am not taking any sides but as you know most people are waiting to gamble on the upcoming move, avoid high leverage if you do not wanna lose your funds, and wait for the right time to enter trades. Good if you are experienced. This isn't any financial advice you are free to do whatever you like! BTW, When is the right time? AFTER THE NEWS!! Stay tuned #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
1
Long or Short? Update for Leverage traders...USDT Dominance is at a decisive point. Multiple Rejection candles will lead to a rally across the market. BTC could hit $23k+ and alts will follow, probably a green week. However, a close above the resistance will lead to a correction. Important area, stay vigilant. CONCLUSION:- Close above 7.28% will trigger short entries across the market. Close below 7.23% enter long position with SL. Let me know what you think in the comment section and hit the like button if you find this update helpful. DYOR Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
5
Jamie Gun2Head - Selling USDTRYTrade Idea: USDTRY Reasoning: Selling resistance, nice risk reward Entry Level: 17.3623 Take Profit Level: 17.3012 Stop Loss: 17.3778 Risk/Reward: 3.94:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other
Short
by Signal_Centre
Turkish Lira (USDTRY)Economy keeps crashing in the hands of "strong man" Erdogan, who has fired every Head of Turkish Central Bank who tried to stop him fulfill his own Turkish Dream of hyperinflation in which business is no longer possible as the cost of imports and commodities rises daily. Erdogan's genius policy in a world where growth and investment is stalling is to keep slashing interest rates in the hope of stimulating investment in Turkey's economy... oh and getting his loyal supporters to hand out dollar bills in loyal neighbourhoods so that the people can burn them in front of TV cameras. This country of 85 million has no economic policy at all anymore. It is a total basket case and failed state in the making. Get out! ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- You maniacs! You blew it up! Ah, damn you! God damn you all to hell! --- Taylor
by Deep_Fud
12