Get started

Try!

💡 Don't miss the great buy opportunity in USDTRYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (7.298). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDTRY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 7.4280 TP2= @ 7.5543 TP3= @ 7.7507 TP4= @ 7.9057 TP5= @ 8.0285 TP6= @ 8.5745 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7
USD/TRY: section fast transactionsHi everyone! I think USD/TRY pair is ready to small growth. The arrangement of the next amounts is about 0.5 according to Fibonacci from the previous falling. Therefore I expect growth at least to level 7.7690. Thus the price will go to check of resistance. Bought on 7.5707 TP = 7.7690 SL = 7.5036 (below the last minimum). Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.
Long
by Yuriy_Kuznetsov
2
ridethepig | TRY for the Yearly Close📌 Turkish Lira for the Yearly Close The strong points of the rally which we went into more detail was an absolute momentum move; the flow was a force to be reckoned with and undermined all sides of the Turkish banking system, collapsing like a house of cards. After 2019 the helplessness of Turkey's Erdogan was quite something. My dear readers, populists and dictators are absolutely incapable of standing aside, and this one is not of any particularly inclined intelligence either. Markets are going to do this for us and leave him aside after we clear covid flows. I personally think a lot of profit taking will be done here in USDTRY, after such a monster move it is favourable for a retest of 6.00 and Turkey can begin to look attractive for the coming years. There is no such hurry with this move, firstly next week is a panic cycle, followed by 11th Jan which should attract a lot of opportunities to load. Make use of the retracement and profit taking as a basis for our operations, we are miles ahead of the crowd as usual with 6.0 in the crosshairs I am starting to build an allocation as TRY looks cheap to me up here. Thanks as usual for keeping the feedback coming 👍 or 👎
Short
by ridethepig
2
Dollar/Turkish Lira - Important Technical Analysis UpdateMidterm forecast: While the price is above the support 7.2675, resumption of uptrend is expected. We make sure when the resistance at 8.5750 breaks. If the support at 7.2675 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI support #1 at 57 is broken, so the probability of resumption of uptrend is decreased. A peak is formed in daily chart at 8.0516 on 11/24/2020, so more losses to support(s) 7.7755, 7.6600, 7.4565 and minimum to Major Support (7.2675) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 46. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
19
Dollar/Turkish Lira - Important Technical Analysis UpdateMidterm forecast: While the price is above the support 7.2675, resumption of uptrend is expected. We make sure when the resistance at 8.5750 breaks. If the support at 7.2675 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI support #1 at 57 is broken, so the probability of resumption of uptrend is decreased. A peak is formed in daily chart at 8.0516 on 11/24/2020, so more losses to support(s) 7.7755, 7.6600, 7.4565 and minimum to Major Support (7.2675) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 46. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
by ForecastCity
18
Turkish Lira Showing Signs Of StrengthI posted a monthly chart for the Dollar a few months back that showed the Dollar will continue to lose value in the future. This will obviously not happen overnight, but I expect over the course of 2021 the dollar will continue to it downtrend. Looking at the Turkish Lira monthly chart, we see bullish divergence, and several indicators showing strength. If you look into the emerging currencies market vs. the Doallr you will see the same exact picture. DO NOT be fooled, the Dollar will lose value this will impact the US economy on a global scale.
Long
by CryptoSyphn
1
💡Don't miss the great buy opportunity in USDTRY Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (7.8242). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 61. Take Profits: TP1= @ 7.9028 TP2= @ 7.9588 TP3= @ 8.0394 TP4= @ 8.1861 TP5= @ 8.3224 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
8
💡Don't miss the great buy opportunity in USDTRY Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (7.8242). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 61. Take Profits: TP1= @ 7.9028 TP2= @ 7.9588 TP3= @ 8.0394 TP4= @ 8.1861 TP5= @ 8.3224 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
USD/TRY: current situationHi everyone! As I reported in the global forecast USD/TRY pair of the beginning globally the movement down. And after so sharp falling we are expected by correction up to the level about 7.97 that it corresponds to level 0.382 according to Fibonacci. Nothing hinders the movement to this level as all large trade volumes are above this level, long trend lines too. Success in trade! Information provided is only educational and should not be used to take action in the market.
by Yuriy_Kuznetsov
USDTRY New trading range and the end of correction !As I have posted last week, Turkish Lira has started its correction against USD. But not 7.8000 is my support level, which will be hard to cross, if there will not be strong fundamental advantage. We can expect 8.0000-7.8000 range for next several weeks. I will update analysis if there will be some crutial news. Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.) Check out my next stream "What is divergence, why it is important for trading?" www.tradingview.com
by AmiranAzaladze
1
TRY The most important range for next 3 months !TRY can be stabilized before christmas, due to sales and tourism turnover increase. 9.0283- 8.1985 is the range for next several months if there will not be any fundamental changes as international policy of Turkye is under strong tension. A lot depends on fiscal policy and fundamental changes in the economic structure, than monetary policy. Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.) Check out my next stream "Group from Moving averages based on Fibonacci numbers" www.tradingview.com
by AmiranAzaladze
1