Orange channel?? or Green Support?? or Below Red Downtrend??
Turkey's economic data comparison 2017-2018
* Exports are rising while imports are decreased %20 and manufacturing capacity decreased %7. It seems exporters produce what they have already in their warehouse inventories.Most probably we'll see negative exports and more negative imports incoming months.
All datas based on ceicdata.com.
Turkey's economic data comparison 2017-2018
- External debt +%4 Negative
- Inflation +%112 Very Negative (%11,90 -> %25,24)
- Internal debt +%11 Negative
- Unemployment rate +%6 Negative
- Central goverment debt +%11 Negative
- Policy rate (Interest) : +%300 ( %8,50 -> %24,50) Very negative
- Gold Reserves -%13 Negative
- Gross FX Reserves -%28 Negative
- Motor Vehicle Sales -%77 Very negative
- Tax revenues -%34 Very Negative
- Building permits -%60 Very Negative
- Export +%16 Positive*
- Import -%20 Positive*
* Exports are rising while imports are decreased %20 and manufacturing capacity decreased %7. It seems exporters produce what they have already in their warehouse inventories.Most probably we'll see negative exports and more negative imports incoming months.
All datas based on ceicdata.com.
Note
Downtrend broken on 4h chart.Looks like resting at @fib0.5I expect 5.71 then 6,24 eventually according to elliot correction (B) wave.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.