Monday, November 26, 2018

27/11/2018 Position Update - USD/EUR/GOLD Position increased

Markets in Turkey are recovering the storm in August/September.

TL appreciated against foreign currencies significantly.
USD/TL is around 200 day Moving average support.

Monthly Interest Account is reduced by 14.000 TL and allocated as below:

* 6.000 TL to GOLD/TL
* 5.000 TL to USD/TL
* 3.000 TL to EUR/TL.

Below are the weekly charts:

   First target for the USD/ TL is around 5.8-5,85.






















First target for the EUR/ TL is around 6,7-6,75.



Position will be opened around 105.000-110.000 in BIST 30.




 First target for theGAU/TRY is around 240-245.




























To summarize; Fund return is better than Interest Return and BIST30 return, close to USD/TRY, EUR/TRY  and lower than GOLD/TRY return since inception.
Below is the summary:

* The comments mentioned here are solely for personal market tracking. Burada paylaşılmış yorumlar ve öneriler sadece kişisel performans ve piyasa takibi için yayınlanmaktadır. Başka bir amacı yoktur.

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