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 15/02/2022

Fundamental analysis

15 February, 2022

The USD/TRY pair increased by Friday lunchtime. It is now trading at 13.6663 despite the fact that the dollar traded lower against a basket of currencies. Turkey's lira fell after Turkish President Tayyip Erdogan touted his country's investment advantages to business people in the United Arab Emirates on Tuesday after a flurry of agreements between the two countries seeking to build economic bridges after years of animosity.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 15/02/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 15/02/2022

Support & Resistance Level Explanation
Resistance 2 13.70878 Daily R2
Resistance 1 13.67150 Daily R1
Support 1 13.57210 Daily S1
Support 2 13.53482 Daily S2

USDTRY Indicator Table - 15/02/2022

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

USDTRY Indicator / Period Table - 15/02/2022

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

USDTRY 15/02/2022 - Reference Price : 13.62180

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