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 18/11/2022

Fundamental analysis

18 November, 2022

USD/TRY traded higher at European lunchtime, trading at 18.6102. Turkey's central bank has put the finishing touches to a reserve-management system that has stabilised the lira currency ahead of elections in 2023, thanks to nearly 100 new regulations this year, industry sources and officials said on Monday.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 18/11/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 18/11/2022

Support & Resistance Level Explanation
Resistance 2 18.70803 Daily R2
Resistance 1 18.67129 Daily R1
Support 1 18.57329 Daily S1
Support 2 18.53655 Daily S2

USDTRY Indicator Table - 18/11/2022

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 - 18/11/2022

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

USDTRY 18/11/2022 - Reference Price : 18.62229

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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