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 27/01/2021

Fundamental analysis

27 January, 2021

The USD/TRY pair pushed upwards to 7.3679 as the Greenback increased firmly against a basket of other currencies. The Turkish lira remained broadly unchanged against its rivals today after the International Monetary Fund said yesterday that it expects the country’s economy to grow by 6% in 2021, higher than a previous projection.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 27/01/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 27/01/2021

Support & Resistance Level Explanation
Resistance 2 7.40850 Daily R2
Resistance 1 7.38904 Daily R1
Support 1 7.33716 Daily S1
Support 2 7.31770 Daily S2

USDTRY Indicator Table - 27/01/2021

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

USDTRY Indicator / Period Table - 27/01/2021

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

USDTRY 27/01/2021 - Reference Price : 7.36310

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