Turkish lira technical analysis forecast Will third time lucky in Turkish lira price past and future Applies Again?Look closely at the chart I attached this post Pay attention to the cross line strips: Two times in the past in 2014 and 2016 there is similar behave – if I’m reading the map right and trying to project what is currently…
USD TRY – Turkish Lira Price Technical Analysis Forecast 2017 opened with massive movements on currency markets, with an impressive strengthening of the dollar against all currencies, After the Turkish lira almost reached to 4 against the USD we saw a recovery in the try. After the Turkish lira almost reached to 4 in the beginning of 2017 yesterday we…
Canadian Dollar Technical analysis forecast update This pair is my favorite pair – we achieve 3600 pips over the year’s on the usdcad We start to analyze usdcad when is faced with break point in 2013Couple of months I did not talk about usd cad pair, but after yesterday announcement and tomorrow- fed rate we need to be ready to…
Sterling British pound rates analysis due the upcoming elections The main event this week is the UK’s General Election. Voting takes place on Thursday, June 8th, with an exit poll due shortly after 22:00 (BST) and results to filter through over Friday morning. When Theresa May called the snap vote on April 18th, the pound rallied from just above the $1.25…
markets forecast technical analysis update Im wrote many times during the last two years on the similarly situation in the markets who remind me 1999 , you can see here all the story i thought we need to get some corrections before continuing upper levels , but there was only small pick for two days to test lows and recovers…
GBP/USD cross up 1.30 price level, technical analysis forecast update So many words were written here about the GBP/USD – What will happen to the Pound after Brexit? GBP/USD has cleared resistance the 1.3000 level today, reaching the level since late September 2016 due to good data: UK Retail Sales volume surged 2.3% in April, compared to the consensus forecast for an…
Turkish lira Price Technical Analysis Forecast update From my last post, I wrote couple scenarios: http://www.daytrade-profit.com/2017/04/what-interesting-pattern-is-created-in.html The first option – breaking area of 3.82-3.86 will lead the usd try to cope with + 4.10Option Two: Amendment to the 3.55 to 3.59 area and from there back to the peak, with the possibility of hacking the last highA third option: correction down…
Markets Technical Analysis Update due The emergence of a bubble in the financial markets Well are we witness on the bubble again, The markets recovery is nearly 100 months old and exceedingly long-in-the-tooth by historic and nothing Semmes to bother: market volatility is at a 24-year low. That’s despite the unprecedented convergence of political, fiscal and monetary policy risks to say…
Will the GBP USD find its price above 1.30 Today Will post some major economic data on England BOE Inflation ReportMPC Official Bank Rate VotesMonetary Policy Summary Sterling faces a key test on Thursday as the Bank of England meets to decide monetary policy for the first time since inflation jumped above the target level. GBPUSD is hovering around a…
Will the Gap in the markets close The recent elections in France caused the markets to leap sharply and leave behind open price gaps, Will this gap be closed in French presidential election second round vote on 7.5.207The results of the first round of the French presidential elections met expectations. Emanuel Makron, the center’s candidate, came in first with 24…