OzgurYILMAZEL

OzgurYILMAZEL Updated 

#GBPUSD is found some support from the fibonacci retracement level. It is also at the bottom of the falling parallel channel. There is also a positive divergence. I am expecting it to test the resistance of the channel. $GBPUSD $Cable

OzgurYILMAZEL Updated 

Probably on Friday (10th of December) $EURUSD will have a pin bar touching somewhere around 1.06-1.07 which will in return trigger breaking of the resistance which is shown on the chart. Since the Dollar Exchane $DXY is still strong and aiming the resistance at 97, I am not expecting #EURUSD to increase no more than 1.13-1.15. I am expecting to see wild moves on...

OzgurYILMAZEL

$USDTRY is giving us a huge buying opportunity. Gaps at 3.6730 and 3.6184 probably will be closed. Combined with the technical view, political instability and the Zarrab case may trigger 4.25-4.30 by the end of February. #Dolartl 3.6730 ve 3.6184'te kuvvetli alim firsati veriyor. Gapler kapandiktan sonra muhtemel 4.25-4.30 bizi bekliyor. Kacirmayin derim.

OzgurYILMAZEL

Pound will be recovering its losses sooner or later. I strongly recommend mid term investment on pund.

OzgurYILMAZEL

#EURUSD has broken the support and will keep on losing against strong dollar. I am expecting it to move towards 1.02 and go up and test the previous support at 1.075. However, the final destination is 0.97 at the end of the 3rd quarter of 2017. #EURUSD destegi kirdi ve guçlu dolar karsisinda deger kaybetmeye devam ediyor. 1.02 ye geldikten sonra tekrar 1.075 teki...

OzgurYILMAZEL

I am expecting $USDJPY to continue its bullish move towards 108.

OzgurYILMAZEL

$EURUSD Greenback will be shooting stars. Yuu can forget about the weak dollar and be careful about the currency devaluations against dollar. As you can clearly see from the chart EUR is about to get smashed by dollar. It is moving down nicely in a channel. So far, the indicators are confirming the down trend. 1.17 is acting as a strong resistance. I am initially...

OzgurYILMAZEL Updated 

I am still expecting greenback to lose some more value against Turkish Lira. Most likely 2.81 will give us a great opportunity to go long. There is 2.75 under 2.81 however I don't expect that to happen. So I recommend to wait for 2.81 to take position on $USDTRY. StochRSI in combination with this support will let us know the correct entry level.

OzgurYILMAZEL

$GBPTRY is also approaching the long term trendline. The oscillators are at oversold levels. In an uptrend, in combination with the other indicators RSI(14) at 40 levels always provide a good trading opportunity in the direction of the trend. Also, 61.8% retracement is corresponding exactly with the support level of the trendline. If you check the historical...