A quick update on the future of the Turkish Lira (TL): Interest rates will rise to the range of 30% to 35% and will remain high for the following years (possibly 2-3 years). The Turkish Central Bank will stop printing vast amounts of money, and getting loans for purchasing houses or cars will become difficult. This action will lower inflation for few years. TL...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves at Demand Zone or Fibonacci Level - 61.80%. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. It has completed the Break of Structure and making its Retracement
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...
This is just an experimental analysis. NFA Target 1 : 14,0 - 15,0 Target 2 : 19,0 - 20,0 Targer 3: 24
After 10 years drop and elections confirmations, it's ready to go. TP1 37.98 TP2 69.71 SL 100 EMA weekly can be followed.
When we look at the monthly logarithmic chart, we see that it is in a parabolic uptrend from 2008. With the inflation that comes with incredible money printing, there is a possibility that it will reach the levels of 27-35 TRY. It is not investment advice.
Following daily chart, got a short signal. TP - following 100ema, I think target will be around 11.42-11.5 (around 9%) SL - 13.37, please wait for daily candle close.
Following daily chart, I got a long signal from my indicator. TP - Following EMA100 for TP, I think it'll be around 45-47, pretty sure will be higher than 44.5 SL - 39
Good opportunity to buy emerging market bond, there is a miss price due to turkey election
Could the upcoming Turkey election effect how their currency lira performs against western currencies including the USD? Any potential new leader may be able to get the lira to be much stronger then over the last few years. As for today, the USD against the Turkish lira is the only currency which seems to be somewhat strong in the world of Oanda forex. When my...
No liquidity of forex currencies, hyperinflation and quantitative easing at it’s reckless form… There is no escape from inevitable… Truly painful to look at…
- Small but important negative deviations in base region started - negativity leads to reaction in favor of bull market
For a while I was offline. I affected from earthquake in Turkey. Now, what I am going to say for everybody is. Help Turkey. 13 million people affected from earthquake and they left their cities including me. Help and make donation for Turkey please. Everybody needs food, clothes, shoes and everything that u are thinking. Please make donation. Anyway, for bitcoin...
XU100 is turkish largest 100 company stock exchange. despite the higher XU100 index , Turkish equities seems too weak against USD. another strong reverse possible from the bottom ? why not ? ^^
Turkish Lira at 20 and our trade is now complete: Perfect (re) entry at 15,8 before that Breakout: and it was a 'perfect entry': Let's not forget the also perfect first entry here: www.tradingview.com Trading wise i must admit, these EURTRY trades have been fantastic for us but at the same time it's a worrying sutuation for Turkish people (maybe not so much...
Forex market have started getting very volatile (after years of making us fall asleep), following the west heavily increasing their interest rates + the war against Russia. The risk reward could be very good, the price can easily rally strongly. It looks like it could be about to burst. Even 15% odds of that happening are worth it to me. The USDTRY fundamentals...
I have really never seen this before so maybe you guys can shed some light on it. The price made a sudden dip to the 16.5 level and then went right back up to the median price. When i zoomed the chart out i could see that it dipped right to a key support area so could Turkey's central back have done this? As you all may know, the Turkish Lira has shot up due to...
If you're anyhow familiar with exotic markets you know how volatile prices are. A great example was this last week when we had the price of TURKCELL (Ticker: TCELL) move +20% in total. This was mainly due to an unexpected increase in earnings and revenue, 7.60% and 4.56% respectively. In terms of earnings and revenue surprises, last quarter we had a bad one which...