Thread: Usd/try
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
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sakigbest (2019-12-07)
I anticipate this pair Usd/Try have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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sakigbest (2019-12-07)
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit...
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sakigbest (2019-12-07), Unregistered (2)
We can look for an accurate Sell entry in marked Zone because there is a strong Support/Resistance Zone. The price can bounce down and make a deep movement to the previous Mirror Level.
Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write
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sakigbest (2019-12-07)
In January of 2005, a new version of the Turkish Lira was issued after the previous Lira's value fell so dramatically that the conversion was $1 to 1.5 million TRY. As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.
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Today Market analysis and trend:sell
Indicators bhi market ke down hony ka bata rahe hain
Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the USDTRY
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side then next high price is
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usdtry pair over all looking in strong selling and i prefer for sell the usdtry pair at price 6.70 to 6.80 and we set our take profit at price 6.20 to 6.10 and we set our stop loss point at price 6.90 to 7.00 maximum and trader must analysis the usdtry pir current trend and trader analysis the complete fundamentals and technical analysis of usdtry trading pair then he/she place order and make good profit easily with usdtry pair selling positions today
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Usd/Try
USD/TRY The pair is holding in directionless mode on Monday (within the range of last Friday) as dollar was inflated by fresh risk appetite, but lira was also boosted by strong Turkey's GDP data which showed that the economy returned to growth in Q3. Conflicting data and daily indicators maintain neutral near-term stance and lacking direction signal. The downside is well supported by converged rising daily 10/200 DMA's (5.7323/04), with daily cloud twist on Wednesday (5.8043) expected to attract. On the other side, last week's strong rally was continuously capped by the base of rising daily cloud, keeping bulls limited in attempts to break above daily cloud and confirm double-bottom pattern (5.6848). Daily MA's are in mixed setup, momentum and RSI are flat, while stochastic is negative. Extension through daily cloud base (5.7842) and close above is needed for initial bullish signal, which would require confirmation on extension above cloud top (5.8076). Conversely, break below 10/20DMA's would bring bears in play and shift near-term focus lower.
Res: 5.7515; 5.7654; 5.7842; 5.8076
Sup: 5.7362; 5.7304; 5.7251; 5.7142
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Forex Forecast with price level
USD/TRY - pair in focus.
Current Price - 5.7826
main support level - 5.7698
main resistance level - 5.7955
Pair likely to be in 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.
sakigbest (2019-12-07)
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