forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
Thread: Usd/try
forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
USD/TRY is kept in a suspiciously narrow daily range around 6.85 though today the pair had a trip to 6.90. Economists at Rabobank expect dollar/lira to be capped by the habitual suspects.
Key quotes
“Turkey’s inflation accelerated further to 12.6% y/y in June after rising sharply to 11.4% y/y in May from 10.94% in April. The breakdown revealed a broad-based increase in core goods prices. This can be attributed to rising cost-push inflationary pressure driven by the costs of dealing with the Covid19 and a weaker lira.”
“The central bank remains confident that inflation will start decelerating again in the second half of the year due to ‘demand-driven disinflationary effects.’ We are not entirely convinced given that banks are providing substantial amount of credit to the economy which may inevitably fuel demand-led pressure.”
“USD/TRY seems to be artificially kept in a very narrow daily range by the usual local suspects, who try to prevent it from regaining a strong upside momentum on the back of growing concerns about high inflation, negative interest rates and a sharp widening of the current account deficit to USD -12.8 billion in January-April, up from just USD -0.9 billion last year.”
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Focky (2020-07-04), Furqan1212 (2020-07-04)
USD/TRY is kept in a suspiciously narrow daily range around 6.85 though today the pair had a trip to 6.90. Economists at Rabobank expect dollar/lira to be capped by the habitual suspects.
Key quotes
“Turkey’s inflation accelerated further to 12.6% y/y in June after rising sharply to 11.4% y/y in May from 10.94% in April. The breakdown revealed a broad-based increase in core goods prices. This can be attributed to rising cost-push inflationary pressure driven by the costs of dealing with the Covid19 and a weaker lira.”
“The central bank remains confident that inflation will start decelerating again in the second half of the year due to ‘demand-driven disinflationary effects.’ We are not entirely convinced given that banks are providing substantial amount of credit to the economy which may inevitably fuel demand-led pressure.”
“USD/TRY seems to be artificially kept in a very narrow daily range by the usual local suspects, who try to prevent it from regaining a strong upside momentum on the back of growing concerns about high inflation, negative interest rates and a sharp widening of the current account deficit to USD -12.8 billion in January-April, up from just USD -0.9 billion last year.”
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Focky (2020-07-04)
Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today
market trend: Bearish Buy
According to the indicators MACD, RSI, Bollinger Band, Parabolic Sar tells about market going up
Resistance points and Support points going up and moving average also tell a about market up
if we want take good profit so learn the knowledge and gain a experience about forex trading
forex trading is a tree of money and hardworking is a key of success
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2)
Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends
Note:Always Follow the making experienced with others having great knowledge about trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
joney (2020-07-04)
Today Market anlisss...
all routine of the chart and indicator I have come to know that today the market will move on up way so all my brothers I will suggest that we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck....
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
joney (2020-07-04)
Market exchanging sign rely upon a pointers
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
?•°And also Use MACD trend analysis..?•°
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
joney (2020-07-04)
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