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 28/12/2021

Fundamental analysis

28 December, 2021

The USD/TRY pair was sharply higher again on Tuesday. It is now trading at 11.8893. Turkey's lira weakened as much as 2% on Tuesday, extending sharp losses seen a day earlier and eroding massive gains made last week, as worries about the country's monetary policy weighed further on sentiment.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 28/12/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 28/12/2021

Support & Resistance Level Explanation
Resistance 2 12.98649 Daily R2
Resistance 1 12.47182 Daily R1
Support 1 11.09938 Daily S1
Support 2 10.58471 Daily S2

USDTRY Indicator Table - 28/12/2021

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

USDTRY Indicator / Period Table - 28/12/2021

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

USDTRY 28/12/2021 - Reference Price : 11.78560

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Turkish Lira Chart
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