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 18/02/2022

Fundamental analysis

18 February, 2022

The USD/TRY pair increased by Friday lunchtime. It is now trading at 13.6274 as the dollar traded slightly lower against a basket of currencies. The Lira was lower after Turkish consumer confidence dropped 2.8% to 71.2 points in February, official data showed on Friday, but remained higher than a record low level it touched in December due to a slide in the value of the lira.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 18/02/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 18/02/2022

Support & Resistance Level Explanation
Resistance 2 13.68124 Daily R2
Resistance 1 13.65007 Daily R1
Support 1 13.56693 Daily S1
Support 2 13.53576 Daily S2

USDTRY Indicator Table - 18/02/2022

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

USDTRY Indicator / Period Table - 18/02/2022

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

USDTRY 18/02/2022 - Reference Price : 13.60850

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