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 15/08/2022

Fundamental analysis

15 August, 2022

USD/TRY increased to 17.9630 during lunchtime trade. The Turkish lira traded lower as Turkey's central bank is expected to hold its policy rate unchanged at 14% for an eighth meeting this week, a Reuters poll showed on Friday, in the face of a global tightening cycle and rampant inflation at nearly 80% that shows no signs of falling.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 15/08/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 15/08/2022

Support & Resistance Level Explanation
Resistance 2 17.96624 Daily R2
Resistance 1 17.93327 Daily R1
Support 1 17.84533 Daily S1
Support 2 17.81236 Daily S2

USDTRY Indicator Table - 15/08/2022

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 - 15/08/2022

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

USDTRY 15/08/2022 - Reference Price : 17.88930

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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