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 27/12/2021

Fundamental analysis

27 December, 2021

The USD/TRY pair was sharply higher on Monday. It is now trading at 11.3566. The lira tumbled almost 5% against the dollar on Monday amid persisting investor concern over Turkey's monetary policy, having surged more than 50% last week after billions of dollars of state-backed market interventions.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 27/12/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 27/12/2021

Support & Resistance Level Explanation
Resistance 2 13.22788 Daily R2
Resistance 1 12.40447 Daily R1
Support 1 10.20873 Daily S1
Support 2 9.38532 Daily S2

USDTRY Indicator Table - 27/12/2021

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

USDTRY Indicator / Period Table - 27/12/2021

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

USDTRY 27/12/2021 - Reference Price : 11.30660

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