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 18/02/2021

Fundamental analysis

18 February, 2021

The USD/TRY pair moved lower in the European session to 6.9420 as the Greenback fell against a basket of other currencies. The world’s best-performing currency this year - the Turkish lira - climbed another 0.5% as the central bank maintained its 17% interest rates and reiterated it could raise them again if needed.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 18/02/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 18/02/2021

Support & Resistance Level Explanation
Resistance 2 6.98061 Daily R2
Resistance 1 6.95926 Daily R1
Support 1 6.90234 Daily S1
Support 2 6.88099 Daily S2

USDTRY Indicator Table - 18/02/2021

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 - 18/02/2021

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

USDTRY 18/02/2021 - Reference Price : 6.93080

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