This is just informative, as it is clear the pair is heavily manipulated. However, it is interesting to see the FX forwards, having widened again since 8 days ago, and 42.5% rate setting central bank, does reflect the heavy cost of carry being short the pair. Obviously, this is to combat the weakening of the currency. I remember the French Franc overnight rate of...
building a SHORT position for the SHAKEDOWN and BASE BUILDING towards 10.0 levels - #LongShort === Fundamentals: it takes 20years to settle debt or unfinished obligations by a company country and aliens... til then.. its currency be it fiat land or spirit is devalued as form of compensation in layman; a person heavily in debt lacks BARGAINING POWER over...
There is strong resistance between sellers and buyers of the Turkish currency, and the monthly candle that ended there is strong support for a further decline against the dollar, but there is an indication that the rise is nearing the end and will stop soon in the shaded area above, and I believe it will become an area of resistance and strong support for the...
This red candle referred to by the arrow is a candle whose body is very small and does not have any volume. This means that it is a test candle for sellers and it succeeded. There are no sellers in this area. This means that the market maker will raise prices in the next two candles and start rising because he has ensured that there is nothing that hinders the...
The dollar will be worth all these numbers, adjust your theory accordingly. Dolar her türlü bu sayılara değecek ona göre kuramınız ayarlayın
You can see my previous graph (above). There is no good development in Turkey so I think that the dollar will increase more. Under the rule of Recep Tayyip Erdogan Turkey has descended into a dictatorship. In order for Turkey's dollar rate to improve needs to be changed through elections. It also occurs when the incoming government takes democratic steps. -...
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Based on recent information, the chart shows a potential top of the loss of Turkish Lira value against the US Dollar. The chart on Daily timeframe is a classic WallStreetCheatSheetPsychologyofaMarketCycle
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...
Based on Gann analytical techniques, if #USDTRY concluded the month of November above the 28. This is indicative of a prospective upward movement, with anticipated milestones at 34 by March 2024, followed by 44, and a final target of 56. The projected timeline for achieving these targets spans from June 2025 to December 2026. Noteworthy is the technical analysis,...
Hi all, This is a parabolic curve from 2008 until now, Its working so nice and you see it. If this path continue then we can see more than 40 in next OCT (2024) Too bad for a country , i hope government find a way for this inflation else … (This is my idea and please trade on your own risk) Regards
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the dollar is strong against the lira despite the large growth and possible correction - the dollar will rise
This is just an experimental analysis. NFA Target 1 : 14,0 - 15,0 Target 2 : 19,0 - 20,0 Targer 3: 24
Hi , You can see usdtry road in 1M timeframe, if it continue then we can see 30-31 in next months and after that a correction may happen between 22-25 , But as i know and as i see turkyie situations in economy and politics and ofc ppls life, its not depended on technical, its all about fundamentals Anyway if we look to technical we can see 30-31 in next month/s...
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
Lira will potentialy loose value over time, as theyr money supply increased dramaticly over the last 6 months, but inflation went down. Something is off