Tuesday, February 14, 2017

14 2 2017 USD position increased

USD is trading around 50 day MA support line and testing the previous break out level around 3,6.
Long position is increased by closing the monthly interest account #3 as planned.
First target  is around 3,8 for initial profit taking- second target will be around 3,88-3,9.
Eur  also weakened to 3,85-3,9 range.
BIST 30 is consolidating close to all time highs. A test for the record highs is coming soon.
Gold is also on the highs, as the weakening of USD is compansated by the increase in the gold price in global markets.
Current position is summarized below:



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