Get started

USDTRY

💡 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
💡 Don't miss the buying opportunity in USDTRYShort-Term Forecast Trading suggestion: . The price is trying to break downtrend #1 for the second time. It will be a buying opportunity if downtrend #1 is broken. . There was a possibility of temporary retracement to the buy zone when the price reached the suggested resistance line (7.5150) and downtrend #2. . Traders can set orders based on Price Action in the buy zone and expect to reach short-term targets. Technical analysis: . USDTRY is in a downtrend. A divergence is formed, and the beginning of an uptrend is expected. .The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 7.7350 TP2= @ 8.0303 TP3= @ 8.3652 TP4= @ 8.5690 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
25
💡 Don't miss the buying opportunity in USDTRYShort-Term Forecast Trading suggestion: . The price is trying to break downtrend #1 for the second time. It will be a buying opportunity if downtrend #1 is broken. . Also, it will be a possibility of temporary retracement to the buy zone when the price reached the suggested resistance line (7.5150) and downtrend #2. . Traders can set orders based on Price Action in the buy zone and expect to reach short-term targets. Technical analysis: . USDTRY is in a downtrend. A divergence is formed, and the beginning of an uptrend is expected. .The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 7.7350 TP2= @ 8.0303 TP3= @ 8.3652 TP4= @ 8.5690 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
11
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
USDTRY Sets To Complete A-B-C Zigzag PatternUSDTRY made a sharp five-wave impulse decline from 8.58 high. According to Elliot Wave theory, a three-wave correction follows every impulse pattern. In USDTRY's case, the correction seems to be unfolding as a simple zigzag. We have the wave "a" and wave "b" seem to have completed as a simple zigzag. If this count is correct, the price should resume higher in wave "c" to complete the zigzag. Target above wave "a" high and upper boundary of the channel is plausible in the days ahead. The red level is the invalidation zone based on the current count. What's your view on USDTRY? Let me know in the comment. Thanks for reading! Veejahbee.
Long
by Veejahbee
8
Is the US Dollar dying or dead?In this very busy chart, I compare 6 forex pairs. It needs some study. What seems clear to me is that the USD strength has been heading south manly since March 2020. This is not unexpected of course, following the FED's money-printing spree, now called QE infinity. I'm not here to say whether that's a good thing or a bad thing. The overall effect of a weak USD is to keep the US stock indices afloat. I'm not saying that is an intended effect of what the FED is/was doing. I think the effect is dangerous on both Bond and Stock markets, because at some point people or banks are gonna wake up and wonder 'What's the value of money?'. In a sense that's already happening, as in other posts I've shown that there is movement of value into metals and Bitcoin. The above are speculative opinions that may well be wrong. This means that you ought not to make decisions based on anything I say. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Education
by Captain_Walker
7