USDTRYUSDTTRY fibbonachi levels are progressing very accurately. Even though it stabilizes a bit at these levels, it will follow fib levels depending on the news feed.by Smart_Cryptologistist4
USDTRY - SELL SELL SELL SELL SELL SELLIt starts becoming a habit, but good habits always remain. I feel strongly about remaining in SELL mode, even though it looks like a run away truck. the facts are, RSI 94.50 for Daily and nearly 88.0 for the weekly chart. An extremely high ADX and Donchian way out of line. The objective is 10.35 > 9.4200 and it will get there after the fear is subsided. from fundamental point of view, the interest rate GAP is large and selling TRY is costly. The mechanism will correct itself and market will normalize. The value of TRY is too weak, and does not represent the true value as it is now. Shortby peterbokma224
U.S. Dollar / Turkish Lira USDTRY Daily Chart Could this uptrend channel control the trend? What happened if the pair breaks the upper trend line? Shortby BASRAOIL_LIMITED3
TRY going parabolic100bps rate cut makes the Turkish Lira go parabolic against the US DollarLongby damian1234567891
lir / USD dollar Predictjust an analayze. i think this scenario it going to be happen. correction will be loading... by RMNAV903
Berat Albayrak'in atanmasi ve istifasi arasinda TRY deger kaybiGrafikte gorulebilecegi uzere, Berat Albayrak'in atanmasi ve istifasi araliginda TRY %70 deger kaybina ugramistir. Bir ulkenin 2000'lerde neden saltanat ile yonetilemeyecegini gosteren bir ekonomik yansimadir. Yorum yoktur.by UnknownUnicorn275758853
Bank of Turkey Does Lira In, and EV-Investors Fix ProfitsYesterday can hardly be called overly eventful in terms of news. Perhaps the main news can be considered another attack of economic insanity on the part of the Bank of Turkey. After Erdogan multiplied the independence of the country's Central Bank by zero, his vision of economic laws materialized in the form of a change in the vector of monetary policy in the country. Recall, according to Erdogan, to fight inflation, rates need to be lowered. And since inflation in the country is at 20%, it is not surprising that the Bank of Turkey cut the rate for the third row in a row yesterday. This time by 1%. The main problem with this approach is that everyone in the foreign exchange market believes that the rate cut will accelerate inflationary processes in the country and further devaluation of the national currency. Accordingly, sales of the lira continued with new all-time lows. It is difficult to find today a more hopeless asset in the foreign exchange market than the Turkish lira. So, despite the fact that it has already decreased in price by 6 times over the past few years, this is far from the limit. Another highlight is the announcement of a new stimulus package in Japan. Everyone has already begun to forget, in light of the sharp intensification of inflationary processes and vaccinations, about billions of dollars in incentives to support the economy. But since inflation is not a problem for Japan (not a problem yet), but economic growth is a problem (recall, in the last quarter, the country's GDP collapsed by 3%), the news about the plan to spend about 56 trillion yen (490 billion dollars) on the stimulus package looks logical enough. For buyers in the Japanese stock market, this is great news. But they don't buy everywhere now. In the US stock market, investors decided it was time to take profits in the overheated EV segment of the US auto market. Rivian closed down 15.53% and Lucid down 10.47%. Note that Rivian and Lucid (in fact, two shell companies) occupy the 2nd and 3rd places in terms of capitalization in the US automotive market, ahead of such titans as Ford and General Motos.Longby Trade24Fx8
USDTRY- 19Nov2021USDTRY- 19Nov2021 On the H4 timeframe, price continue to shoot up higher amidst the pullback. For this week it is coming into strong 1st Resistance at 11.43890, we could expect it to pause and potential pullback at this level. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS2
USDTRY - SELL SELL SELL SELLI remember very well the time that USD vs. Italian Lira and it's DEMITL cross for way out of boundaries when it came to RSI and trading bands. The Turkish Central bank cut rates once again as a note, but if one views the forward points, the positive carry (IF LONG TRY) is rewarding and make the SHORT SELL worthwhile consideration. The move by the Central bank shows they are easing, whilst inflation rate is extremely high, and for that reason it scares the market. Comparing Italian Lira era, we are in a similar faith under extreme overbought conditions, and no matter how horrible it looks, gravity will take care eventually. SELL and SELL USDTRY at current 10.75 - 11.25 for corrective objective 9.4200. No stop-loss I feel is warranted here, but ensure careful positioning with low leveraging. Shortby peterbokma112
long usdtry Analysis of the dollar, the Turkish lira In continuation to the previous analysis, and after stability above 10.45, the pair entered a new phase The areas indicated in green are resistances and retracement areas for the price in the event of the first touch The second time, if it revolves around it, the price will go to the next area The areas indicated in red are supportive. In case of correction and closing of the lira below 10.77 candles for a whole day, the lira will regain some of its strength and touch 10.45 Pay close attention when opening sales of dollars against the lira, and that they are not long God bless you Longby HAMSHFX222
DOLAR GUNCEL ANALIZ / ELLIOT DALGA TEOREMIOnceki analizimizdeki 1. dalganin abc si haric dalga sayimimiz tikir tikir isliyor Dolar da yon hala yukari Longby PrinceElliottUpdated 116
USDTRY At The Upper TrendlineAs you can see USDTRY has reached the upper trendline resistance since 2008. The Fibo 38% retracement level is around 7.50. At the same time, there is a negative divergence in the weekly RSI. Black count is my main script. Blue is alternative as long as the lower trendline is broken. As a result; In any case, I think the upper trendline cannot be broken and will fall from these levels.by usernamex113
USDTRY Watch trend line for bounce off Watch trend line for bounce off and then continuation for upside, In case price breakdown the trend line then watch for longer term buy close to 786. Good Luck fellows.Longby Wave-TraderUpdated 5553
Turkish liraWe are observing a long-term trend of the depreciation of the Turkish currency. According to the Trend-Based Fib Extension, the 161.8% level is a good resistance and a target for the bulls. At the moment, USDTRY is pressing its ATH and consolidating under it. I expect an impulse breakout and a continuation of the uptrend. Best regards EXCAVOLongby EXCAVOUpdated 3535101
USDTRY NEW ATHit seems that the elliot theory on usdtry is going to touch a 2h at fib retracemenet. usd try is going to bear it to 10 then it will raise up to more than 11. Longby Kripto-Canli112
USDTRY- 18Nov2021USDTRY- 18Nov2021 On the H4 timeframe, price continue to shoot up higher than expected. We could expect USDTRY to continue higher to 1st Resistance at 11.42000. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS1
Yet another flag disturbing Turkish Lira. Will it ever stop?Yet another flag disturbing Turkish Lira. Will it ever stop? he? I don't think so.Longby vgoktas2
Death for Turkish Lira. Stage 2 Death for Turkish Lira. Stage 2 ... A country is working, studying and producing for nothing. Shame....Longby vgoktas5
TRY Butterfly flapping its wingsHere's what I expect next: 1. USDTRY goes to 25 and beyond. 2. Turkey defaults on its debt. 3. Deutsche Bank demands a bailout. 4. EURUSD crashes below 0.90. 5. 10Y US paper goes to 4..5% 6. All yield (stocks and debt) loses 2/3rd of value. The Butterfly Effect in action.Longby AndyM11114
USD TRY / USD TL ELLIOTT WAVE ANALYSIS USD TRY looks bullish but we should see one more dip after B done After C done I wont be surprised to see 1 usd =12-13 tryby PrinceElliottUpdated 2212
USDTRY- 17Nov2021USDTRY- 17Nov2021 On the monthly timeframe, USDTRY is in unchartered territory. We could expect further upside till end of Nov21 On the H4 timeframe, we could expect USDTRY to break 1st Resistance and surge to 2nd Resistance at 10.81482. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS0
USDTRY - SELL - SELL - SELL As far as I am concerned, the level of daily RSI 92+ and a weekly RSI 86+ and further way above BB clearly suggest keep on remaining short or add to SHORT position at current 10.4400. The return to 9.2100 and low will happen over-time, and the carry costs are positive as well. In this type of market, I prefer to sell into small increments and add slowly. Patience will be rewarded, Shortby peterbokma772