USDTRY - runaway trainIt just wont stop going up. I tried to find a reason to sell, but cant find any. Maybe it will stop at 7.08 , but it looks like it might go parabolic up. again.
USDTRY
USDTRYIt just wont stop going up. I tried to find a reason to sell, but I can't find any. I really do hope things get better. Maybe it will stop at 7.08 , but it looks like it might just go parabolic :/
USDTRY AttentionHello friends, I wish you all the best.
I shared the necessary information on the chart.
He made 3 peaks 2 times and had a correction.
It is useful to be careful after this point.
He can make the last 3 hills and go to the big correction.
This analysis is not investment advice.
If my sharing has helped you and has an idea, you can like and support it.
stay tuned for new analytics
USD / TRY ! LONG THE SUPPORTTRY keep losing value everyday
I expect a correction before a big move up
USDTRY Continue To Go For LONGI am starting to trade exotic pairs now based on my strategy that I primarily use for GBP pairs that are volatility. Based on the trend, USDTRY is still going up that may break the 7.00 threshold. Follow the trend for the upside for USDTRY.
TP: 6.955-7.00
USDTRY As I told you ! But do not blame be about dropping of TRYOnce I have posted that Turkish lira will get to 7.0000 and some locals from Istanbul commented very aggressively, that it's not possible, and this is bullsh*t. But you can see now that price is already 6.9020. When I am saying that some currency will drop, it will ! not because of my position against that country, I have a lot of very good friends in Istanbul, but just because I am doing analysis in A RiGHT WAY !
USDTRY LongIt has just surpassed the 6.79 level, and is now heading to the next level at 7.10.
The MACD is also showing us some bull strenght, and it the candlesticks were strong surpassing the 6.79 lvl (forming two white soldiers, on the 4H chart, and i believe it'll get to three white soldiers)
We can also see a strong bullish trend starting around the early days of March, which was tested a second time in the end of this month and a third time 5 days ago.
The 6.79 level was tested a few times since the start of April.
USD/TRY is currently trading on its all-time highThe pair is currently trading on its all-time high and will continue its upward momentum in the following days. Turkey is in big financial trouble. The country incurred a budget deficit of $7.36 billion for the month of March. In addition to this, Turkey is losing US dollar reserves on its treasury. Moreover, the country’s central bank slashed 100 basis points on its benchmark interest rate in March. The implication of this is a weaker Turkish lira against other currencies, especially to the greenback. In recent news, Turkish President Recep Tayyip Erdogan also rejected an offer from the International Monetary Fund (IMF) for fresh financial loans. Erdogan said it was not the country’s priority. However, investors and traders see this move as a betrayal to the Turkish economy. Analysts expect that foreign funds will continue to leave the country and place their bets on the cheaper US dollar. The stimulus package by the US government and Fed attracts investors.
USD Upside Target - 12:36:49 (UTC) Wed Apr 15, 2020U.S. dollar Upside Target - 12:36:49 (UTC) Wed Apr 15, 2020
USD/TRY analysis 15.04.2020USD/TRY short term analysis. Harmonic bearish butterfly will go down a lil. Shorting it
DXY (U.S. dollar) Risk Range - 12:33:49 (UTC) Tue Apr 14, 2020DXY (U.S. dollar) Risk Range -
12:33:49 (UTC) Tue Apr 14, 2020
Usdtry double top correction It look likes my old friend Usdtry can’t cheat the market anymore, technicals caught up with the naughty boy, we are going towards the ath 7.10 level from there a correction down to low 6’s is expected probably somewhere around 6.20 and from there another bullish attack to flag target of 9 ish. Not a trading advice just an idea.
UF at Supply Zone - 11:53:12 (UTC) Mon Apr 13, 2020UF at Supply Zone - 11:53:12 (UTC) Mon Apr 13, 2020
U.S. Dollar Weekly Outlook - Mon Apr 13, 2020Please, I really don't like making y'all upset with predicting --the future o--these prices.
The fundamentals behind this whole dollar mess will be and has been released, in grave (and boring) detail.
08:55:09 (UTC)
Mon Apr 13, 2020
