Thread: Usd/try
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
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jam11 (2020-03-03), Moon22 (2020-03-03), Muhammad kashif (2020-03-03)
USD/TRY
Towards 6.1810.
USDTRY
Pivot (invalidation): 6.1440
Our preference
Long positions above 6.1440 with targets at 6.1700 & 6.1810 in extension.
Alternative scenario
Below 6.1440 look for further downside with 6.1350 & 6.1230 as targets.
Comment
The RSI lacks downward momentum.
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jam11 (2020-03-03), Moon22 (2020-03-03), Muhammad kashif (2020-03-03), Unregistered (2)
After pushing towards 6.00 level this pair is dominated by sellers. We think that buyers are waiting at 5.78-5.80 level to attack the critic level once more. USDTRY is a dangerous asset to trade with leverage so trade with care. One like is enough to show your appreciation for the free analysis. Good luck
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jam11 (2020-03-03), Moon22 (2020-03-03), Muhammad kashif (2020-03-03)
Another G7 source said G7 members would voice their determination for joint coordinated action, if needed, to limit the impact of the coronavirus on the global economy. Both sources said they would stop short of directly calling for concrete fiscal and monetary measures right now.
“We are still very much at the beginning of the outbreak. And it is not yet possible to predict how the epidemic will develop. So the impression is that it’s still too early for such a step,” said the second G7 source.
The news disappointed some investors who had hoped for more explicit measures of support by the major industrial powers.
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.
(Reuters) - Group of Seven nations will voice their determination to fight the economic hit of the coronavirus but stop short of directly calling for new government spending or coordinated central bank interest rate cuts, two G7 officials said on Tuesday.
As the widening epidemic stokes fears of a global recession, finance ministers and central bank governors of the G7 major economies will issue a statement after their conference call scheduled at 1200 GMT on Tuesday.
In the statement, G7 countries will pledge to work together to mitigate the damage to their economies from the fast-spreading epidemic, one of the G7 officials told Reuters on condition of anonymity due to the sensitivity of the matter.
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Shahnawaz148 (2020-03-03), Shahzad apl (2020-03-03)
Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of 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.
Pair: usd/try
Today indicators shown bearish short terms trend.
Pivot Point : 5.76
Supporting Levels:
Support 1: 5.32
Support 2: 5.06
Support 3: 5.24
TREND: BULLISH
Resistance Levels:
Resistance 1: 5.93
Resistance 2: 5.94
Resistance 3: 5.90
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
Small risk gain big apportunity
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Shahzad apl (2020-03-03)
Today Market trand sell...
Pair sell ka ban gya hai market kafi up hoii hai our ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
market sell ma laga daini chaiya Q k trand sell ho raha Hy.
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.
Technical analysis of Usd/try is sell
Resistance and Supporting levels is :
Current price is :5.4341
Resistance level is
1> Resistance level is:5.4360
2> Resistance level is: 5.4379
3> Resistance level is: 5.4395
Supporting level is
1> Supporting level is: 5.4320
2> Supporting level is: 5.4298
3> Supporting level is: 4.4272
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.
Our preference
Long positions above 1.0050 with targets at 1.0075 & 1.0090 in extension.
Alternative scenario
Resistance and supporting level with the best indicators
Trading Best Indicators is,,,,,,,,,,,,
1,Moving average is: sell
2,Oscillators is: sell
Current price is : 5.4350
Resistance level is ,,,,,,
1, Resistance is : 5.4478
2, Resistance is : 5.4681
3, Resistance is : 5.4792
Below 1.0050 look for further downside with 1.0030 & 1.0010 as targets.
Comment
A support base at 1.0050 has formed and has allowed for a temporary stabilisation.
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.
FM1881 (2020-03-03)
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