CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 27/10/2022

Fundamental analysis

27 October, 2022

USD/TRY inched higher at European lunchtime, trading at 18.6112. Turkey's central bank raised its year-end annual inflation forecast to 65.2% from 60.4% three months ago, Governor Sahap Kavcioglu said on Thursday, continuing to catch up with sharp price rises in recent months.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 27/10/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 27/10/2022

Support & Resistance Level Explanation
Resistance 2 18.68863 Daily R2
Resistance 1 18.64850 Daily R1
Support 1 18.54150 Daily S1
Support 2 18.50137 Daily S2

USDTRY Indicator Table - 27/10/2022

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 - 27/10/2022

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

USDTRY 27/10/2022 - Reference Price : 18.59500

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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