CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 16/04/2024

Fundamental analysis

16 April, 2024

The US Dollar was higher against the Turkish Lira during the European session, trading above 32.400 levels.

Turkey has no significant economic data to report today. Later today, Jerome Powell, the Federal Reserve Chairman, will speak in the United States.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 16/04/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 16/04/2024

Support & Resistance Level Explanation
Resistance 2 32.6386 Daily R2
Resistance 1 32.5782 Daily R1
Support 1 32.4171 Daily S1
Support 2 32.3566 Daily S2

USDTRY Indicator Table - 16/04/2024

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 - 16/04/2024

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USDTRY 16/04/2024 - Reference Price : 32.4976

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Turkish Lira Chart
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