forexsarawak

TRY has lost the most aganst USD and CHF. With EUR and GBP next. TRY has lost the least against JPY due to BOJ easing policy 2012

Borsa Istanbul maintains high levels despite or because of Lira depreciation

If risk off then JPY will continue to appreciate, if equities risk on then JPY will depreciate

Yen will absolute shoot this YEN Crosses downwards with risk off equities

READY FOR RISK OFF SENTIMENT OR MAJOR CORRECTION

Where will fundamentals take Lira pairs from here?

Already broke past 618 Fibline and appears to swing up to resistance at 3.93

Support at 3.69

Support at 3.72

Still bearish

Still have a few days or a week to reach 100 Day Moving Average

Tesla announcing something new and excitement in the stock

Short all 3 pairs based on technicals. US markets close for labor day so for the 6 hours purely tehnical trading.

If the SnP 500 and DOW crashes then these 3 pairs seems to have the most to go down.

If the SnP 500 and DOW crashes then these 3 pairs seems to have the most to go down.

If RBNZ is the first of G10 countries to hike rates then EURNZD and GBPNZD might move a few hundred pips down because they have moved 1,000 pips against the nzd. Commensurately eur still mired in recession and ECB will be more dovish. Carney will finally show his dovish trait at BOE in the cominng weeks.

500 pips up in 24 hours is overbought

Usdjpy and gbpjpy appreciated the most in the past 48 hours. Likely most profitable short trade should these two pairs retrace