CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 07/06/2024

Fundamental analysis

07 June, 2024

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

Turkey is not scheduled to report any data. Nonfarm Payrolls and Unemployment Rate data is due for release in the United States.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 07/06/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 07/06/2024

Support & Resistance Level Explanation
Resistance 2 32.5441 Daily R2
Resistance 1 32.4240 Daily R1
Support 1 32.1036 Daily S1
Support 2 31.9835 Daily S2

USDTRY Indicator Table - 07/06/2024

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

USDTRY Indicator / Period Table - 07/06/2024

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

USDTRY 07/06/2024 - Reference Price : 32.2638

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