Bearish Time is coming for USD/TRYThere is 4h RSI bearish divergence. I think this region is local top. Next station is 13,5 for 3 months. DXY is top, USD/EUR top, Now DXY should decline.Shortby alpdemalp337
USDTRY Elliott WaveThe risk of correction can be taken into account at this stage. The first potential trigger zone for ending the 5th wave, and also the chart the symetries in the chart can make it possible. Please do your own research. This is for educational purposes. by sonerster221
Although it is perceived as felony; it will likely beAlthough it is perceived as felony; it will likely be like that and hit another recordby vgoktas2
USDTRY-SELL Long-TermNo change in view. Also this chart is directed towards those that have keen interest in the pair for a long-term basis. To clarify, when we look at a month chart, it means that our objectives are for the coming 6-8 months, and sometimes shorter time-period. The last time when we had a RSI of 85.00 on monthly chart, the higher of USDTRY was 18.27, and everyone was saying we will go 20.00 above. The chart already was over bought once crossing 80.0 RSI which started above 12.00-13.00. So the RSI increased from 80.0 to 85.0 and that is where we got an overnight drop to 10.50 below. From there it was anticipated we should see back up to 14.00, and we traded for a while around that level drifting very slow or not at all. Last week we started seeing 16.00 handle and that is where we are now. To cut the long story, a long-term SHORT would be short since 13.50-14.50 and adding above 16.50 once again. After we add again 17.50-18.00. It is still possible to see higher and re-test 18.27 and the RSI will likely be somewhere 92.0-93.00. Overall, whether RSI is 85.0 or 91.0 for a monthly chart it means we see a collapse to lower levels. This is for some difficult to believe, and well fundamentally they are right, but market is LONG and one day or week the correction will happen, same as it did last December 2021. People have forgotten that already. Good luck everyone. Shortby peterbokma12129
USDTRY-SELL++No change in view. Because many people are commenting on the charts for USDTRY, for those I specially address this chart today. The short-term picture, which means a time-frame anywhere between 5-14 days, the pair is overbought, and should correct slightly towards 14.68 now. The overbought status is quite severe (even though we have seen higher). It does not mean we go down today, and even it could move higher coming days, but the process is to be SHORT small and add on an increase of the pair. the next SELL after 16.39 is 17.25. In the end it is management of the leverage to ensure you can withstand the storm. In a separate chart I will show a long-term chart and provide some clarifications. Shortby peterbokma667
USDTRY - Bullish Bias RemainsAs for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it. Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3. If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3. For Educational Purposes Only.Longby ICFXUpdated 554
16.29- 16.68 would be a nice resistance zone ( i hope) 16.29- 16.68 would be a nice resistance zone ( i hope) . I dont why but i dont like when turkish lira loses value against dollar.by vgoktasUpdated 3
USDTRY-SELL++No change in short-term view. The overbought situation is severe on daily chart, and weekly lesser. The monthly extreme, but we have seen little higher. For now we remain SELL current @ 16.30-16.50 and add again 16.75-17.00. The profit objective is 14.37 for now. Shortby peterbokma13132
USDTRY-SELL++We are starting to become once again a bit more extreme overbought. The daily chart, and monthly chart are the most severe, and this suggest we should be in SELL mode. The issue of course always is what is the highest possible RSI possible, and this is a difficult answer. In general less liquid currencies like TRY best is above 85.0 > 90. For now, the strategy is SELL @ 16.15-16.50 range and add 16.75. Profit order short-term is 14.37 for now. Shortby peterbokma10102
Lira exponential resistance retestHello, USDTRY is trading in a exponential upwardtrend and it seems we are up for another retest of the red curve. Some weeks ago i still believed that the lira downtrend is over but erdogan is still increasing money supply like crazy. (Link below for my old USDTRY Idea´s) Thats why i became more bearish on Lira recently. I believe we are up for another ATH on USDTRY which i estimate to be between 26 to 37 TRY. Do your own Research please and leave a like if you found this useful. Longby Symbio_XUpdated 8812
USDTRY-SELL++Short-term we should bse selling current 15.90-16.00. The take profit level is 14.7200 which is the cloud support level. The RSI is of course higher again, and this needs a little correction. Medium-term we will update next week, but I suspect we should see major down coming months. Shortby peterbokma333
USDTRY Long Term Fib. Retracement and EMAIn long term USDTRY analysis, we got Fibonacci resistances at 17.44 TL, 27.71 TL and 38.52 TL. If we go down EMA's can hold us. by YavuzAkbay112
USDTRY-SELL++The short-term chart is heavily overbought and requires some correction. Judging history of similar magnitude, we should see a nice decline in the near future. The strategy is SELL current 15.9500 and add again @ 16.50 with profit order @ 14.35.Shortby peterbokma335
Resistance zoneThe price closes to the upper line of the bullish chanel, maybe it will do false breakup then fall down to 15.3by Mohamadyaser110
USDTRY (12H) more upward USDTRY tendency upward Entry: above 15.67 TP: 16.30 & 17.00 & 17.40 sl.: 15.50 risk 1.5% do not miss your stop loss Longby SroshMayi119
USDTRY-SELL++Short-term we are overbought again, but weekly chart has little more room upside. The monthly-chart is getting close to a point whereby monthly correction may set in. For now, the view is still the same. we have added sell 15.50-15.75 and owe add once again above 16.50 for a move back to 10.50-9.00. Short-term SELL current 15.70-15.80 and take profit 14.25.Shortby peterbokma220
USDTRY-LT SELLThe long-term chart shows a very overbought situation, and this still requires a good correction. As mentioned on a few occasions and misunderstood at times, it does not mean that we cannot see higher levels. In fact, if existing short, we add 15.50-15.75 and once again 16.75 and above. The ultimate goal and objective is 10.50-9.00. This may take quite some months, but this is a technical expectation. No doubt fundamentals suggest we should see higher at first, and this one should see as an opportunity to sell. Shortby peterbokma996
USDTRY-SELL LTNo change in overall view. I am aware that we are moving up gradually (inch-by-inch), and this provides the chance to sell further @ 15.50-16.00 and 16.75 and above. We got a moon phase start as well, and perhaps we may see even short term move back towards 13.67 cloud support. Medium to long term we should see a correction back to 10.50-9.00. Shortby peterbokma0
USDTRY-SELL LTI have not updated much on the pair since it remained very quiet and was looking for higher levels as being a possibility. The long-term picture is still very much overbought, and yes, it can go higher a bit more. The strategy is therefore selling into the upmove slowly. Fopr now we sell @ 15.50-15.75 window and add 16.75-17.00 when seen. The over all objective still stands at 10.50-9.00. Shortby peterbokma443
Correction will be continued upThe price for USD/TRY drew the interesting schedule, but correction is not ended. I expect continuation of the movement up in the short term to the level 15.19 where the next resistance is located. Purchase at the current price. TP = 15.17. Information provided is only educational and should not be used to take action in the market.Longby Yuriy_KuznetsovUpdated 7
usdtry this pair is going to hit 15.23. if we break 15.3000 in daily time frame then we can see 18.0000 or even 19.0000. so you can enter here. your stoploss being 14.7900 and tp is 15.2300. if price breaks 15.3000 then enter again and tp is 18.0000. stoploss for this trade is will be announced. please dont forget risk management. good luck.Longby FOREXPLAYERSUpdated 8
usdtry longits in strong bulltrend thats forecast for try and for ling period it can move like thisLongby neowavechartiman118
USDTRYUSD TRY trading 14.6658 As mentioned in chart these movements indicates spikes as always we can see Turkish lira is day by day getting more bearish against usd and the unemployment rate is rising Turkey target short term 15.5000----above 15.500 3 consecutive days close plus weekly close we can see blast to lead new life time high RISKS ASSOCIATED WITH FOREX TRADING Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for youLongby RobinArasUpdated 2