U.S. Dollar / Turkish Lira USDTRY

ForecastCity Premium

Trading 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...

sroshberwary_fx Premium

the price broke the strong resistance wall so now will try to reverse near 17.97 and then will try to reach 18.24 is the highest of the USDTRY ===== USDTRY tendency upward Entry: above 17.96 TP: 18.04 & 18.100 & 18.240 sl.: 17.5900 risk 2.0%

ForecastCity_World Premium

Trading 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...

AliSamadiTR

USD/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...

peterbokma

The pair is very overbought and now we got a negative stoch RSI suggesting we have a start of a corrective pattern. The lower end of the upward sloping channel is 14.2600 and the top above 18.6200. The strategy is unchanged and we should see lower levels in the medium-term. I feel long-term 11.50 possible, based on the long-term overbought state. However, we...

Love_change_your_mind

I hope prices gonna down to bearish trend if they are down take a short Position(Take your own Risk)....

mashhood487

Bearish AB=CD pattern is formed on currency pair USDTRY 4hr frame and now the trend will be reversed from D to bearish pattern .

sroshberwary_fx Premium

USDTRY Can stable at the bullish zone and now gradually will try to reach the high of the historical price of USDTRY tendency upward Entry: above 17.790 TP: 18.04 & 18.100 & 18.240 sl.: 17.5900 risk 2.0%

sroshberwary_fx Premium

USDTRY tendency upward Entry: above 17.790 TP: 18.04 & 18.100 & 18.240 sl.: 17.5900 risk 2.0%

ArashBanakar

Hello traders and arkadaslarim, Everything is clear on the chart for you like always. So monitor the price's action in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me

abdullah77simsek

This is just an experimental analysis. NFA Target 1 : 14,0 - 15,0 Target 2 : 19,0 - 20,0 Targer 3: 24

ArashBanakar

Hello traders and arkadaslarim, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. So monitor the price's action in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck. If you like the idea, do not forget to support with a like and follow me for...

Nikita_Kalinin

Although the chart has too many bullish daily candles, the upward angle and trend confidence shows me the trend is your friend. So I expect a new record high and a breakout of December's high of 18.25 . The target is 20 in the next two months . On the macro side, the imbalances remain. Turkey has the highest negative real interest rate (minus 64%) * among...

BASRAOIL_LIMITED

USD/TRY may end the uptrend for a period of time in a bear market correction. Either the bear market is in the going or the uptrend may still needs to make more uptick before the bear market resume. The wave count and chart pattern may give us a clue for the direction of the trend. Only sustain trading above 18 Lira to one US Dollar may destroy the bear market...

peterbokma

The pair is as usual not moving much and this is the behavior of a managed float and costly exercise for the authorities. The over all picture is, we may see little higher at first, i.e. 18.50-19.00 to satisfy the lower RSI and higher high scenario of negative divergence. Overall, I would prefer short and maintain it and add at certain selected intervals. The...

ali5adeghi Pro

Hello dear friends According to the candlestick pattern on the weekly time frame, I prefer to look for more buying positions on this chart, so I will look for more bullish price patterns at these levels.

yamansayed33

TL Fiyatı TL 17.32'i geçerse çizeceği grafik bu şeklide olur.

babitbahadir

I believe there were hidden agreements with NATO and TR to fix the currency issue in order to open the gates for Finland and Sweden. Time will tell.