Turkish lira (USD/TRY) Techincal Analysis Forecast Turkish lira USDTRY fell to fresh all-time low Friday, 3.5960. The currency weakened more than 2% this week. Over the past 12 months, the currency lost 22% against the dollar.The Turkish lira has weakened faster than that of any fellow emerging markets this year except Argentina, Crackdown that’s followed — spooked foreign investors,…
Crude Oil Prices Forecast Analysis Update Crude oil technical analysis Will the history repeat itself ….. well if you ask me the answer will be yes !We saw today almost 7% move in crude oil price, OPEC agrees first oil output cuts since 2008, an agreement was in line with an accord reached in Algiers in September. OPEC member Algeria…
Turkish lira (USD/TRY) The All-Story This year Turkish lira weakened against the dollar by almost 15%There are many reasons for weakening of the Turkish lira, whether economic net, whether political or everlastingThe dollar raises his head following a declaration of interest near future – almost certainly the fed Yellen will raise interest rates, more than 90% for this happenUS rate…
USD JPY Tactıcs That’ll Make You A Better Trader The jpy has given us strong moves, since late 2012 (80 price level) till the pick in 2015 , In the bigger picture, price actions from high are seen as a corrective patternAs I told you here and mentions almost 3 times: “Once again I turn your’s attention to 1998-1999Note the…
MARKETS FORECAST TECHNICAL ANALYSIS The U.S. presidential election results spiraled through financial markets last Tuesday and into Wednesday morning, initially sending U.S. stock futures and the dollar sliding and havens such as gold and the Japanese yen soaringWall Street stocks rose last week when the Dow peaked after rising by 5% – the sharpest jump in five years Dow Jones …
Turkish lira (USD/TRY) Technical Analysis Turkish lira down tonight to a new record low, what the next move? I wrote here all this scenario from the beginning Turkish Lira Usdtry taking decline in the past year to almost 10 per cent, now after we saw the Hugh spike this night after the us elections ,we need to be more focus…
AUDUSD TECHNICAL UPDATE Rising commodity prices, as well as lowered expectations of another Reserve Bank rate cut, push the aussie upvictory by Hillary Clinton standing in the way of the Aussie – potential the US Federal Reserve will likely raise rates in DecemberThe Australian dollar’s currency has as strong links to emerging market currencies in AsiaThe Australian dollar’s currency has…
Is the rally began, the pound-dollar exchange rate GBP/USD rallied on news that the UK Government is unable to trigger Article 50 of the Lisbon Treaty without the approval of Parliament.if the activists win their case then there is a good chance the Pound would rally as markets tend to be aligned in a pro-EU mannerHowever, such A rally…
Turkish lira (USD/TRY) Technical Analysis Forecast long time no talks on this pair ,but we got again new high as expected it was written here long time ago so what the next move ,USD/TRY edges higher towards all-time,The current prices suggest on current upswings Turkish Lira Turkish Lira technical analysis: Break up 2.98-3.00 will lead the usUSD/TRY to 3.25-3.28 price level, while before…
GBP/USD Reached To Bottom Or Its … The story was here since the beginning “Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In the bigger picture, the down trend is still in progress”.GBP/USD remains in sideway consolidation,Still,…