CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 all your money. Read full risk warning.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 19/01/2021

Fundamental analysis

19 January, 2021

The USD/TRY pair decreased to 7.4518 as the Greenback eased against a basket of its rivals.Turkey’s lira logged relatively smaller gains in comparison to its peers, as investors were still rattled by President Tayyip Erdogan’s downplaying of high interest rates last week.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 19/01/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 19/01/2021

Support & Resistance Level Explanation
Resistance 2 7.51606 Daily R2
Resistance 1 7.48963 Daily R1
Support 1 7.41917 Daily S1
Support 2 7.39274 Daily S2

USDTRY Indicator Table - 19/01/2021

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Sell

USDTRY Indicator / Period Table - 19/01/2021

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy SellSell
SMA 20 Buy BuySell

USDTRY 19/01/2021 - Reference Price : 7.45440

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Turkish Lira Chart
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