USD/TRY sharply rose on Tuesday to test a session high of 5.61705 as emerging market currencies came under pressure after reports that Argentina, a major emerging market, could be again on the brink of default. The markets in Turkey were closed on Tuesday due to Eid al- Adha holiday. Later in the US, Inflation data for July will be released at 13:30 GMT+1.
Dollar - Turkish Lira Analysis
US Session Analysis for CFD Instruments 13/08/2019
Technical analysis
Time Frame: 1 hour
USDTRY Support & Resistance Table - 13/08/2019
Support & Resistance | Level | Explanation |
Resistance 2 | 5.65695 | Daily R2 |
Resistance 1 | 5.63655 | Daily R1 |
Support 1 | 5.57921 | Daily S1 |
Support 2 | 5.55109 | Daily S2 |
USDTRY Indicator Table - 13/08/2019
Indicator | Signal |
SMA 20 | Buy |
SMA 50 | Buy |
SMA 100 | Buy |
MACD( 12;26;9) | Buy |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Buy |
USDTRY Indicator / Period Table - 13/08/2019
Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
MACD( 12;26;9) | Buy | Sell | Buy |
RSI (14) | Buy | Buy | Buy |
SMA 20 | Buy | Buy | Sell |
USDTRY 13/08/2019 - Reference Price : 5.60905
Buy |
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13/08/19 - Tuesday
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