USDTRYThe collapse of the Turkish lira? We will see crazy rises of the dollar against the lira, and he will not have mercy on her until he puts her in a comaLongby youssefmoba3
USDTRY- 16Nov2021USDTRY- 16Nov2021 On the monthly time frame , we could expect 3 white soldier candles forming. Hence a bullish momentum is expected for the rest of Nov21. We could expect its bullish trend to continue to at least strong 1st Resistance at 10.67160 before facing any bearish pressure. On the H4 timeframe, we could expect USDTRY to continue its bullish momentum to 1st Resistance at 10.26793. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS4
UsdtryHello and welcome traders to another trade idea Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.by HAMSHFX2
My USD/TRY IdeasThis my USD/TRY ideas. This was the trend I followed for Turkish Lira'sby vforvisnetta3
USDTRY- 15Nov2021USDTRY- 15Nov2021 On the weekly timeframe, USDTRY continue its uptrend. We could expect its bullish trend to continue to at least strong 1st Resistance at 10.67160 before facing any bearish pressure. On the H4 timeframe, we could expect USDTRY to continue its bullish momentum to 1st Resistance at 10.26793. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS3
USD TRY long term view up to 10.60 - 12.00Currency markets were becalmed in early Asian trade on Monday. The only action was on the Emerging Markets with the Turkish Lira hitting an all-time low. Against the US Dollar, the TRY (Turkish Lira) hit a record low of 9.85 so far in early Asia. * Turkey 2021 inflation target raised to 18.4% from 14.1% * Miners lead losses in China, Russia as commodity prices fall * U.S. telecoms regulator revokes China Telecom’s authorisation Emerging market stocks slipped for a third session on Thursday as sliding commodity prices and fresh fears about U.S.-China ties weighed, while Turkey’s lira fell on a worrying divergence between the direction of inflation and monetary policy. With sliding base metal and basic material prices, miners led losses in most bourses. Heavyweight China stocks lost between 0.4% and 1.2%, while a 4% slump in Russian aluminium giant Rusal took Moscow’s MOEX index 0.9% lower, more than 2% away from record highs. Meanwhile, news of the U.S. telecoms regulator revoking China Telecom’s authorisation to operate late on Wednesday sparked fears about the fragile relation between the world’s two largest economies. A tit-for-tat tariff war between China and former U.S. President Donald Trump’s administration had roiled global financial markets and contributed to slowing economic growth. In debt markets, the average yield on EM local debt moved back above 5.6%, the highest since March 2020. While most EM currencies made muted moves against a steady dollar, Turkey’s lira dipped 0.7% after a three-day relief rally. The central bank raised inflation targets for the next three years, with 2021 year-end inflation now seen at 18.4%, up from an earlier forecast of 14.1%. “The argument that high inflation is transitory may be true elsewhere, but not in Turkey, which has experienced high inflation for over a decade,” said Tatha Ghose, FX analyst at Commerzbank. “No matter what (the central bank) writes in its statements about limited room available for further rate cuts, President Tayyip Erdogan will not be happy until rates have been cut to single digit... As the unconventional monetary policy experiment unfolds, we can see USD-TRY overshooting by a wide margin.” The currency has been the worst performing among EM peers this year, thanks to uncertain and unconventional monetary policy amid surging inflation by a central bank fast losing autonomy, as well as depleting foreign exchange reserves and strained ties with the West. South Africa’s rand traded flat as state power utility Eskom increased scheduled power cuts on Wednesday after further breakdowns at its coal-fired power stations. A report suggested it will require $30 billion to end its coal reliance. Eyes were also on local elections scheduled on Monday. A weak result for the ruling ANC party in Johannesburg or in Tshwane, which comprises Pretoria, would be a heavy blow for President Cyril Ramaphosa and his reform course, and is therefore also likely to affect the rand, said Commerzbank. USDTRY can be a profitable investment option. USD/TRY rate equal to 9.632 at 2021-11-03 (today's range: 9.593 - 9.658). ... With a 5-year investment, the revenue is expected to be around +62.89%. - SELLING PRESSURE PRICE 9.55 - 10.00 - FAIR BUYING PRICE 7.80 - 8.90 - Our option for #USDTRY is HOLDING LONG TERM. Do your research before any trade or any investment, make your own decision, be patient and look long term wisely. Please comment, like and follow if this post helped you. Thank you for your time. Have a profitable trading. | Review and analysis by Samadi.Finance |Longby AliSamadiTRUpdated 224
USDTY (Turkish Lira) - SELL strategyI cannot change mind on this currency pair, and remain SELL SELL strategy. In fact, I do not see a stop-loss being useful, since we have enough parameters that are suggesting we will correct sooner than later: RSI for weekly and daily chart are very high. Secondly we are above BB band as well. The moving average have not crossed negative as yet. If one placed stop-loss, I assume somewhere 10.50 for now. Profit should be 9.2200 below and 8.37 medium-term. Shortby peterbokma333
Future of U.S. DOLLAR / TURKISH LIRA In my personal opinion, the price of the U.S. DOLLAR and Turkish lira will technically reach the level of 9.87!Shortby edusonline330
CRITICAL18.NOVEMBER.2021 CRITICAL DAY! 10.64 IMPORTANT POINT! it is not investment advice, full respect,Longby AbdullahTuncer0
USDTRY 1D (new price 10.02 and continueUSDTRY, in the previous idea we said will record 10.09 and now we got 10.02 .. The price also it look for a new upward zone ... But it is possible to make a retest.Longby SroshMayi2
USDTRY 1D Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes and sharing my thoughts. Attention : Always use a proper risk management in trading. Be safe and trade responsibly Do not forget to FOLLOW me so you don't miss the upcoming analysis ✅by FOREX_TRADING0011
USDTRY 4H ( new target 10.090)Us dollar vs turkish lira have more strength to continue this upward and each dropping will be a retest .Longby SroshMayi5
USDTRY to 10.13CB reduces the interest rate as President intended to soar USDTRY, FB show us 10.13 USDTRY rate from 3.70. I predict it'll came before 2022.Longby semihsari0
USDTRY - SELL medium-term strategyIt's looks a perfect opportunity selling at 9.8200. Negative divergence, and high RSI both daily and weekly chart. The price action is above BB band as well as above the regression trend as well. I suspect return 8.1600 and lower medium-term.Shortby peterbokma333
USDTRY 4HUS Dollar vs turkish Lira, after stabilizing at the resistance level and making a strong zone I expect will make some retest unteil 9.66 and 9.60 and then again try to upby SroshMayi3
LongPlease be careful The price will be up on November 11th From 11 nov to 18 Long 9.75 —-9.83—-10.4 Longby HAMSHFX443
USD/TRYUpwards above 9.49 the direction is up. The targets are shown in the chart. 10 is a psychological resistance. 9.49 altında kapatmadığı sürece yükseliş olacağını düşünüyorum. Hedefleri grafikte belirttiğim gibidir. 10 direnci psikolojik bir dirençtir. -YTD- Analizlerim kişisel eğitimim içindir. by mahmutcelik53222
USD/TRY Short Term Cup and Handle Patternit`s a short term chart pattern about usd/try. TRY keeps continue to loose it`s value. Longby beyondthetrade5
USDTRY!A sell structure, symbolising more shorts coming. A flat pattern, that has extended. Trade with care use a stop loss. Shortby miche254Updated 0
USDTRY 4H (uptrend at the triangle)Us Dollar vs Turkish-lira, i expect will continue their upward after testing to down —— Upward above 9.49 Target.: 9.61 & 9.70 & 9.83 Sl.: Longby SroshMayi6
USDTRY - SELL medium-term strategyUSDTRY is an interesting currency pair. It had a long run upwards and for good investor reasons. The thing is, it can really be a profitable SELL when it has reached a maximum overbought situation. My personal view, is the current very overbought RSI, and the move above the BB TOP, provides a strong basis for being short at the current level of 9.6200. The top of the channel is 9.9300, and profit objective is around 8.6700. This would create 10% return on the short position and think this is not a bad strategy to be, plus the positive carry. Stop-loss 9.9700 and re-enter 10.1200.Shortby peterbokma3
USDTRY- 28Oct2021USDTRY- 28Oct2021 On the H4 timeframe, price is consolidating above 1st Support, we could expect a push towards 1st Resistance at 9.58550 before a drop back to 1st Support at 9.44230. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh1