CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 01/11/2023

Fundamental analysis

01 November, 2023

The US Dollar inched higher against the Turkish Lira during European trading to trade at around 28.3267. Turkey has no economic events scheduled to report. The United States will be reporting JOLTs Job Openings for September later today. The ISM Manufacturing PMI for October will also be reported. The Federal Reserve will also make an Interest Rate decision later today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 01/11/2023
Time Frame: 1 hour

USDTRY Support & Resistance Table - 01/11/2023

Support & Resistance Level Explanation
Resistance 2 28.41510 Daily R2
Resistance 1 28.37740 Daily R1
Support 1 28.27684 Daily S1
Support 2 28.23914 Daily S2

USDTRY Indicator Table - 01/11/2023

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 - 01/11/2023

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

USDTRY 01/11/2023 - Reference Price : 28.32712

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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