CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 21/10/2021

Fundamental analysis

21 October, 2021

The currency pair increased firmly on Thursday lunchtime to 9.2917 as the Greenback remained stable against a basket of other currencies. Turkey’s lira is falling towards record lows with the central bank expected to chop its interest rates again later today. The currency is down 22% so far this year.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/10/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/10/2021

Support & Resistance Level Explanation
Resistance 2 9.37735 Daily R2
Resistance 1 9.34480 Daily R1
Support 1 9.25800 Daily S1
Support 2 9.22545 Daily S2

USDTRY Indicator Table - 21/10/2021

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 - 21/10/2021

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

USDTRY 21/10/2021 - Reference Price : 9.30140

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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