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 02/02/2022

Fundamental analysis

02 February, 2022

The USD/TRY pair increased by Wednesday lunchtime. It is now trading at 13.4449 Turkey's lira fell again after Turkey's trade deficit jumped 240.7% year-on-year in January to $10.44 billion, the Trade Ministry said on Wednesday. The lira - which fell 44% last year and is down 0.4% since the start of the year - has been battered over rising inflation, unorthodox monetary policies, and anxiety around political intrusion in policy making.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 02/02/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 02/02/2022

Support & Resistance Level Explanation
Resistance 2 13.51824 Daily R2
Resistance 1 13.46118 Daily R1
Support 1 13.30902 Daily S1
Support 2 13.25196 Daily S2

USDTRY Indicator Table - 02/02/2022

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

USDTRY Indicator / Period Table - 02/02/2022

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

USDTRY 02/02/2022 - Reference Price : 13.38510

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now