CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 17/09/2021

Fundamental analysis

17 September, 2021

The USD/TRY pair pushed higher on Friday lunchtime. It is presently 8.5877. Turkey’s lira hit a five-week low, down 0.6%, extending previous session’s 1% slide. President Tayyip Erdogan said Turkey will bring inflation down as soon as possible. Annual inflation currently stands at 19.25%, above the main interest rate at 19%.The central bank meets next week

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 17/09/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 17/09/2021

Support & Resistance Level Explanation
Resistance 2 8.64425 Daily R2
Resistance 1 8.62430 Daily R1
Support 1 8.57110 Daily S1
Support 2 8.55115 Daily S2

USDTRY Indicator Table - 17/09/2021

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

USDTRY Indicator / Period Table - 17/09/2021

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

USDTRY 17/09/2021 - Reference Price : 8.59770

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)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