CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 20/05/2022

Fundamental analysis

20 May, 2022

At European lunchtime, the pair climbed even as the dollar was edged lower against a basket of other currencies. This afternoon the dollar was exchanged for 15,9811. The Turkish lira weakened on Friday, extending into record lows not seen since December as concerns about global recession fuel selling pressure on the currency.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 20/05/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 20/05/2022

Support & Resistance Level Explanation
Resistance 2 16.11049 Daily R2
Resistance 1 16.04548 Daily R1
Support 1 15.87212 Daily S1
Support 2 15.80711 Daily S2

USDTRY Indicator Table - 20/05/2022

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

USDTRY Indicator / Period Table - 20/05/2022

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

USDTRY 20/05/2022 - Reference Price : 15.95880

Buy
Simple Moving AverageBuy (2)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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