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.
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 weekly chart. There are already fundamental problems in banking industry in Turkey, so this support the chart. I got short signals from both 2 indicators. TP 22.8. (around 16% gain) SL 28.68 - Please wait for weekly close.
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...
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 ? ^^
Hi my Dow Jones prediction will work hopefully once again,I indicate with red arrow seek and buy places,please follow the waves movement,my advice never go lower then h4 time frame because lower time frame will be choppy and will hurt you,if you have any question please comment down below. Have a safe and profitiable trades Good luck
Oil will be bullish soon so follow red horizontal line for returning point to upside movement at this stage I still not recommend to sell wait for safe area to buy gradually Safe trade and have a profitiable week Any comments please down to below.
Following daily graph. Last 2 hours and it's in the edge od breaking cup and handle. If it close under 22.22, target will be 19.7 SL 25.06
After the Turkish president Recep Tayyip Erdoğan announced the measures that the Turkish government would take to improve their currency slippage, over $1 billion was sold to trade for the Turkish lira which caused the USDTRY to drop over 20% making the greatest recovery in any currency in over 40 years. Understanding how the forex markets operate, the USDTRY...
I think that given Erdogan's misguided policies, but new and improved policies in the future, we can hope that the Turkish lira, after reaching tp around 18$ or 19$, will get correction and fall down to near 7$, which It will be a big correction for this currency. Good luck turkey
TRY can get even weaker through mid 2021. strong recovery possible following it , especially after 2021.
Thank you for your likes and shares! Much Appreciated! _________________________________________________________________________________ The Global Yatirim Holding Shares Price Evolution Is Very Interesting And Shows How To React To Surprises! Be careful this green line is probably not very solid support, it can break at anytime. The black line possibly acts...
EM countries have suffered a lot from the pandemic. As the relief packages are announcing across the world and central banks providing money, some EM countries have seen a rise in stock markets. At this point, we should take into consideration currency losses. When we look at the Turkish stock exchange based on USDTRY chart, it is clear that it has still not...
It's a Short Position Guys,Make sure to Sell.
In dollar terms, the Turkish Banking Index is in a long-term squeeze. With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021. The estimated return on a rise up to horizontal resistance will also be over 200%... ...
ENTRY: 12.800+- TP: 13.100 TP2: 13.400 TP3: 13.700 SL: 12.250 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!