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USD/TRY is returning lower
USD/TRY is returning lower

USD/TRY has formed a big “shooting star” candlestick on the W1 last week. A similar formation is visible on the D1.

USD/TRY may return to lows
USD/TRY may return to lows

USD/TRY met resistance near the line connecting 2019 highs in the 5.62 area. This is also where the 50-week MA is capping the price.

Elections in Turkey: can they fix the TRY?
Elections in Turkey: can they fix the TRY?

With many political and economic uncertainties in the country, we may just wonder whether the local elections on March 31 will help the government to keep the lira under control.

EM currencies to invest in 2019
EM currencies to invest in 2019

We have come to the second month of 2019 and it’s time to take a deep breath after the crazy run of the year, evaluate what has already happened and make some precisions on the upcoming months.

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