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 30/09/2021

Fundamental analysis

30 September, 2021

The USD/TRY pair traded slightly lower on Thursday lunchtime. It is presently 8.9057. Turkey’s beleaguered lira was 0.5% firmer, pulling away from a record closing low of 8.9490 marked on Wednesday as worries persist over President Tayyip Erdogan’s influence on monetary policy.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 30/09/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 30/09/2021

Support & Resistance Level Explanation
Resistance 2 8.99065 Daily R2
Resistance 1 8.95669 Daily R1
Support 1 8.86611 Daily S1
Support 2 8.83215 Daily S2

USDTRY Indicator Table - 30/09/2021

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 - 30/09/2021

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

USDTRY 30/09/2021 - Reference Price : 8.91140

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