GBPTRY British Pound Turkish Lira Technical Analysis Analyze seems that there is an interesting potential and it was. The Turkish lira, as I analyzed a number of posts for the last period seems it shows a downward trend and trend of strengthening against the dollar If we look at the pound-dollar, which is also analyzed several times And show to me that there is…
Turkish lira (usdtry) technical analysis forecast update What’s new in turkey? Well from the last time I spoke on the usdtry a lot of things happen:New Prime Minister Binali YildirimNew Turkish cabinetTurkey’s Central Bank Cuts Overnight Lending Rate to 9.50%Turkey’s parliament will block a deal with the EU on migrants if Turks do not gain visa-free access to the blocYesterday Turkish…
USD/TRY Technical Analysis Forecast Yesterday we got FOMC decided to “maintain the target range for the federal funds rate at 1/4 to 1/2 percent “, but cut its forecast, and now expects two rate hikes this year to 0.9%. Following the announcement, the dollar was down more than 1% against the major currencies and this, of course, affected the Turkish…
Turkish lira technical analysis forecast Turkish lira – usd/try Looking at the graph of the Turkish lira, the currency made double top at 3.06-7 pricesNow there are several options:Price level convergence 2.86 area wider range of 2.75 to 2.87Breakdown 2.75 level will send the pair to the 2.65-66Conversely up crossing the 2.87 area confirming the continuation of the main trend…
How the situation influencing the usdtry Turkish lira long time no talkwhat we have now:Looking at the graph of the Turkish lira, the currency made double top at 3.06-7 pricesNow there are several options:Price level convergence 2.86 area wider range of 2.75 to 2.87Breakdown 2.75 level will send the pair to the 2.65-66Conversely up crossing the 2.87 area confirming the…
Turkish lira forecast The long-term perspective: we can see price action in the pair, when a similar incident occurred in the past, which could go back again. The price of the pair move down to the 2.65 to 2.68 – Breakdown 2.75 level will send the pair to the 2.65-66. USD/TRY made a sharp move this early morning and open…
Turkish lira the trend is over ??? we got the move I was expected to:http://www.daytrade-profit.com/2015/09/usdtry-price-correction-is-on-way-usdtry.htmlUSD/TRY made sharp move this early morning and open gap down to 2.82 area. we need to watch how the trend will continue later on this week, don’t forget The opening exchange rate after the election in June had seen the highest level while 2.80 2.75 level. However,…