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 14/09/2021

Fundamental analysis

14 September, 2021

The USD/TRY pair pushed higher on Tuesday lunchtime. It is presently 8.4602. The dollar has edged lower so far today. The Lira remains under pressure after Turkish industrial output rose 8.7% annually in July, less than forecast after a recent strong rebound, while the current account deficit was wider than expected, data showed on Monday, fuelling speculation about the timing of possible rate cuts.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 14/09/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 14/09/2021

Support & Resistance Level Explanation
Resistance 2 8.51458 Daily R2
Resistance 1 8.48806 Daily R1
Support 1 8.41734 Daily S1
Support 2 8.39082 Daily S2

USDTRY Indicator Table - 14/09/2021

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

USDTRY Indicator / Period Table - 14/09/2021

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

USDTRY 14/09/2021 - Reference Price : 8.45270

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now