Kur krizinin başlangıcına sebep olan GAP kapanmış durumda, Faizlerin tekrar yükseleceğini düşünmek için erken, öncelikle yatay çizgi ile görünen direnç var, Destek olarak da trend çizgisini takip edeceğiz.
After a continues growth of dollar against Turkish Lira in last few days , now we can see a down fall towards 5.87 Sell at 6.02 - 6.03 Take Profit at: 5.8724 Do your trading with proper fund management
Hi TRADERS As fundamental aspect ,there is no chance for TURKISH LIRA (TRY) to win this battle.there were election in turkey couple days ago and it had a massive effect on the country because the party that does belong the president( Erdogan ) lose the election who doesn't like and want that and the instability already have started. I indicate the Eliot...
The devaluation of the Turkish (new) lira continues to the fullest and shows how strong a current wave 3 is within the impulse wave. The confidence of the own population in the monetary policy decreases more and more and even interest rates on 2-year government bonds of just under 20% and 17% on 10-year government bonds as a foreign investor do not compensate for...
Breaking through the important pivot level of R2, the USDTRY continues to rally of the back of expected interest rate hikes. President Erdogan's monetary policy comments had little dampening effect with the USDTRY skipping past the key 4.38 level. Will Turkey's Central Bank be able to manage the current levels of inflation in the short term? Trading Forex / CFDs...
Tom Demark count gave a green 2 on the monthly chart. This is a clear buy signal. This happens very rare on a monthly level. Green 2 on a monthly chart means we will have up to 7 months of uptrend. Weekly and daily charts confirms this as well. Previous ATH was 3.94320, I expect this will be broken soon, as double tops near ATH are unicorns. In the upcoming...
TRY/JPY 1H Chart: Rising Wedge The Turkish Lira is losing value against the Japanese Yen in an ascending channel that began to form one week ago. The pattern managed to gain four confirmation points before it started to transform into a rising wedge. In this kind of figures the currency rate usually makes a breakout in the bottom direction. However, this...
With Price/Earnings of 9.3 Turkey is may be seen as good 'value' ...just ignore the other things like the impact of a failed coup, a weakening currency and a retreat by investors unnerved by political instability. That said, the market is buying, with MSCI Turkey up 11% this year, and testing its upper side of the trend channel. At $37 its looking to break,...
we'll watch and see pattern four expectations on good luck :) Do not forget to press like it ;)
Harmonic Elliott and we're watching friends Good luck :)