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...
Simply get out from the Turkish stock market on the next up... All of the stocks on the market will have min %50-%70 correction. Don't fall into the trap of manipulators. Unempleyement will go up . Companies will have to pay their depts... 💩 news are loading. Buckle up. I will update the idea as it hit the bottom. This is not a financial advice do your...
Hi People, We will see recent big moves of TRY and it will touch almost 60 TRY level soon... Enjoy and have good year :)
I don't have (& won't have) any lot of this stock now though seems all good to me. Financials really good enough! I don't fancy this company but honestly it might be the cheapest stock in terms of financial results and ratios in turkish market. it will not be a rocket departure that I'm assuming some groups hold this stock and manage as they want. If you already...
This is just an experimental analysis. NFA Target 1 : 14,0 - 15,0 Target 2 : 19,0 - 20,0 Targer 3: 24
FX_IDC:TRYUSD Turkish Lira ⏰ Timeframe: 1 Months ♦───📝📊───♦ 👉🚀 Retrace 👉🩸 Final Drop ♦────⚖️────♦ ✔️Logarithmic (Log) Chart ✔️Logarithmic (Log) MACD ✔️Logarithmic (Log) Fibonacci
Since the self-proclaimed monetary "expert" and Father of #MMT Warren Mosler said, "Erdogan has it right" (to lower interest rates back on March 22, 2021), the USD has appreciated by 145% against the $TRY Easy to say, not stupid enough to take his own advice & buy the $TRY Great lesson not to listen to self proclaimed "monetary experts" who could not even...
%19 Interest rate, huge debts, vaccination progress is still very low. Turkish Central Bank manager kicked out because of interest rates, but we have still a huge interest rate and USD/TRYis still going forward. What Turkey could do? No tourism income for now, no leverage hand for interest anymore. Unfortunately, TRY will be 10 soon if we close daily above 8.58....
I'm writing to you today to discuss the recent election results in Turkey and how they have impacted the value of the Turkish lira. As you may know, President Erdogan's party suffered a significant setback in the recent local elections, which has caused a drop in the value of the Turkish lira. While this news may concern some, it presents a unique opportunity...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 USDTRY 🔰 LONG 🟢Buy Now or Buy at : 19.335 ⛔️Stop Loss : 18.745 🌀Take Profit 1 : 20.617 🌀Take Profit 2 : 21.937 ⛔️ Trading and investment in the financial markets ...
I am aware of the current geopolitical problems in the world and especially in Turkey. Also the economy of Turkey has had a very hard time. In 2023 there seem to be re-elections. Maybe if they get rid of Erdogan there can be a future. Also 2023 is like the holy grail year for the Turks because they can "pump the oil out of the ground", because of a so called...
Hello traders and arkadaslarim, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. So monitor the price's action in the circle. After breakout the resistance zone and fixation, we can buy and for lower risk after pullback. Good luck. If you like the idea, do not forget to support with a like and follow me for...
Economy keeps crashing in the hands of "strong man" Erdogan, who has fired every Head of Turkish Central Bank who tried to stop him fulfill his own Turkish Dream of hyperinflation in which business is no longer possible as the cost of imports and commodities rises daily. Erdogan's genius policy in a world where growth and investment is stalling is to keep slashing...
In long-term view, the pair is heavily overbought and inflation is very high It does not mean the market condition can continuously drive it upwards. TP areas are signed white flags. And supports are black flags. *Please share your opinion on it, write in the comments. Dont forget some cheers bravo. " Teşekkürler.
As we can see in the chart, the probabilities are listed. Weekly close area and on the other hand weakness in the process
As for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it. Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3. If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3. For Educational Purposes Only.
Turkey in financial crisis. if usd/lira cross 14.3, nothing can hinder it from 22 target rate. political disaster of President will cause huge inflation result in turkey economy.
Hello Traders , Today I propose an idea that I would like to discuss with you as an equal, it is not a trading signal or advertisement, I simply expose myself as an everyday Illyrian Trader. Back to us and the desire to make money every day,every minute, every second ( comes to mind BINANCE:DOGEUSDT " WoW MuCh MoNeY " ) what do you think of this asset? ...