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. 70.41% 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 20/05/2024

Fundamental analysis

20 May, 2024

The US Dollar was slightly higher against the Turkish Lira during the European session, trading above 32.200 levels.

Turkey has no market moving economic data to report today. No significant data is due for release in the United States.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 20/05/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 20/05/2024

Support & Resistance Level Explanation
Resistance 2 32.3800 Daily R2
Resistance 1 32.3034 Daily R1
Support 1 32.0994 Daily S1
Support 2 32.0228 Daily S2

USDTRY Indicator Table - 20/05/2024

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

USDTRY Indicator / Period Table - 20/05/2024

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

USDTRY 20/05/2024 - Reference Price : 32.2002

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Turkish Lira Chart
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