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 15/07/2021

Fundamental analysis

15 July, 2021

The USD/TRY pair traded lower on Thursday as the dollar edged downwards against a basket of other currencies to trade at 8.5684. Turkey’s central bank kept its benchmark interest rate unchanged for a fourth month on Wednesday, as rising prices and a weakening lira blight the economy’s recovery from pandemic lockdowns.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 15/07/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 15/07/2021

Support & Resistance Level Explanation
Resistance 2 8.59945 Daily R2
Resistance 1 8.58280 Daily R1
Support 1 8.53840 Daily S1
Support 2 8.52175 Daily S2

USDTRY Indicator Table - 15/07/2021

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

USDTRY Indicator / Period Table - 15/07/2021

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

USDTRY 15/07/2021 - Reference Price : 8.56060

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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