The price is below 250D MA 6,99 is 300D MA, This pair has never been able to break 300 MA 7 is a very strong psychological support Trade at your own risk!
This is my personal opinion and observation. it is not financial advice.
This is my personal opinion and observation. it is not financial advice. Bu benim kişisel görüşüm ve gözlemimdir. Finansal tavsiye değildir.
No one has a crystal ball for the Forex market, but what we do have to look at is history. Although past performance does not guarantee future results, when it comes to the Turkish Lira’s current situation, history shows some alarming parallels. The patterns do repeat themselves -- and with good reason. The stock/ Forex market is governed by a set of two...
We are looking for sharp move down on USDTRY , It might keep pushing up without momentum but at some point expect a sharp move down so the better risk to reward would be for a down move when it's ready perhaps sell stops according to your system would be a good idea. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow...
Because of MACD divergence, I expect the price go up to Fibonacci level of 50, then fall to the lowest point between the divergence .
We have been observing a horizontal trend for a while in USDTRY.. In the four-hour chart, we see the ascending triangle pattern.. The falling wedge pattern is clearly noticeable in the RSI, and if the pattern works, the upward price movements may harden and the peak point of 7.20 can be tested.. Also; I think the reference values (54) and (45) in RSI are very...
I think it is quite meaningful to analyze #USDTRY within the framework of market cycles rather than classical technical instruments.. From my point of view we are very close to the part where USDTRY will experience sharp increases in the market cycle.. If we approach the daily chart from a wide window, we can easily see that very similar movements are repeated...
As more measures by the Turkish bank, limiting the supply of TRY to specultors , USDTRY will retest 5.5 within 3-6 months. Inflation will probably go down with the huge decrease of oil prices and basic raw material.
Hello friends, I wish you all the best. I shared the necessary information on the chart. He made 3 peaks 2 times and had a correction. It is useful to be careful after this point. He can make the last 3 hills and go to the big correction. This analysis is not investment advice. If my sharing has helped you and has an idea, you can like and support it. stay tuned...
Hello friends, I wish you all the best. I see the dollar as the 6.93 critical place. It is useful to be careful that it can throw 7.04 needles and close below 6.93. If closing above 6.93 comes, there is a possibility of going up to 7.36. This analysis is not investment advice. If my sharing has helped you and has an idea, you can like and support it.
USDTRY 4H BUY POSITION PIN BAR FORMATION
USD/TRY After flipping the main resistance trend into Support The Pair is approaching Key Weekly Resistance zone Flipping This Zone into Support will open the door to test below level in the short term: 6.29 6.41 6.56 Rejection here then we Retest 5.9 as a potential Support imo, Weekly Close is very Important This is not Financial advise, Pure classical Chart...
FX:USDTRY OANDA:USDTRY FX_IDC:USDTRY
USD/TRY has a bearish divergence at macd histogram on daily chart. Profit Targets 5,85 5,79 Stop loss: 5,99 Have a nice day, Berk