XU100 is turkish largest 100 company stock exchange. despite the higher XU100 index , Turkish equities seems too weak against USD. another strong reverse possible from the bottom ? why not ? ^^
Turkish Lira at 20 and our trade is now complete: Perfect (re) entry at 15,8 before that Breakout: and it was a 'perfect entry': Let's not forget the also perfect first entry here: www.tradingview.com Trading wise i must admit, these EURTRY trades have been fantastic for us but at the same time it's a worrying sutuation for Turkish people (maybe not so much...
Forex market have started getting very volatile (after years of making us fall asleep), following the west heavily increasing their interest rates + the war against Russia. The risk reward could be very good, the price can easily rally strongly. It looks like it could be about to burst. Even 15% odds of that happening are worth it to me. The USDTRY fundamentals...
I have really never seen this before so maybe you guys can shed some light on it. The price made a sudden dip to the 16.5 level and then went right back up to the median price. When i zoomed the chart out i could see that it dipped right to a key support area so could Turkey's central back have done this? As you all may know, the Turkish Lira has shot up due to...
If you're anyhow familiar with exotic markets you know how volatile prices are. A great example was this last week when we had the price of TURKCELL (Ticker: TCELL) move +20% in total. This was mainly due to an unexpected increase in earnings and revenue, 7.60% and 4.56% respectively. In terms of earnings and revenue surprises, last quarter we had a bad one which...
strong uptrend after break consolidation zone. We have now return candle with a good wick and a red candle that give us a signal for the beginning of the downtrend. In addition to the stochastic indicator that paves way for price After the strong uptrend. If you like my idea don´t forget support. Thanks.
USD/TRY now looks to the CBRT - USDS/TRY clinches the second session in a row with gains on the back of the continuation of the bid bias in the greenback, always amidst persistent risk-off tone and helped further by rising US yields. - In the meantime, the lira is expected to remain under scrutiny ahead of the interest rate decision by the Turkish central bank...
Been a great timing but after all that's how I try to stand out. Much of my audience is 'Crypto only', others are 'against trading with leverage' and the worst category is ' I trade leverage but I have no idea how to do it right'... All 3 categories have an EXPIRATION DATE: Crypto only will lack understanding of the markets and I'm afraid to say the x100 x1000...
The USD/TRY pair extended its dramatic turnaround from a record high touched earlier this week and continued losing ground through the mid-European session on Thursday. This marked the fourth successive day of a negative move and dragged spot prices to a six-week low, around the 10.20 region in the last hour. The pair, however, found some support at lower levels...
Economists look for further sharp Turkish lira depreciation. They forecast the USD/TRY above the 20.00 level in the second quarter of the year. 𝐓𝐡𝐞 𝐧𝐢𝐠𝐡𝐭𝐦𝐚𝐫𝐞 𝐚𝐟𝐭𝐞𝐫 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬: “We think that USD/TRY will rise to 16.25 by end-Q1 and breach well over 20 in Q2. However, this is when we expect the CBRT to start tightening, which should help bring the pair down to...
An analysis alone does not reflect the facts. It is not investment advice. If the ABCDE Pattern seen here exceeds the 17.15 resistance, it is 18.38. If it exceeds the 18.36 resistance, at 19.51, the short-term echoylation period begins. We put the point between 21.74 - 23.41 and the retreat begins. When we examine the other economic factor, we see that the value...
Here we go again! I see more downside for the Lira, tough times indeed. Notice the breakout of a wedge pattern. That is my thesis. Good luck out there guys. 1% Risk 4:1 RR
the war in Ukraine caused faster correction in Turkey Stock Market. now we can find leaders to ride . BUT, Carefully......
Nice breakout here on Turkey ETF TUR and close above 30week MA I'm long shares Technically looks like Wyckoff accumulation pattern with "Spring" action in DEC and now entering phase D Expect a little LPS pullback , but I remain bullish above 20 zone. First target 24 zone, implies 30 , and a possible break there , well it's been resistance since JUL 18 so...
*****important- ***** thin line above price is the first target. thin line below price is support.. stop point. Fibonacci correction between the highest price and lowest fiat in the chart area are thick lines.. thick lines are hard support and hard resistances.. main target in fallen assets is the green line . decline in peak assets main target green line...
Stock investment SISE Turkey Stock Market, see the graphic explains everything
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.
USDTRY back to 9-9.30 area which converge with latest s/r flip line