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. 70.41% 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 31/12/2021

Fundamental analysis

31 December, 2021

The USD/TRY pair was sharply higher again on Friday. It is now trading at 13.3647. The Turkish lira continued to fall after Turkey's central bank said on Friday it sold $687 million during its direct market intervention on Dec. 10 to support the ailing lira, bringing to a total $2.035 billion the value of its first three announced interventions this month.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 31/12/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 31/12/2021

Support & Resistance Level Explanation
Resistance 2 14.01760 Daily R2
Resistance 1 13.73046 Daily R1
Support 1 12.96474 Daily S1
Support 2 12.67760 Daily S2

USDTRY Indicator Table - 31/12/2021

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

USDTRY Indicator / Period Table - 31/12/2021

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

USDTRY 31/12/2021 - Reference Price : 13.34760

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Turkish Lira Chart
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