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 27/09/2024

Fundamental analysis

27 September, 2024

The US Dollar increased against the Turkish Lira during the European session, above 34.100 levels.

In European trade the USD/TRY recorded an almost one month peak, not far away from the record high level of 34.37 hit on August 27th. In Turkey no major data is due to be posted today. In the United States, August’s year on year Core PCE price index data are expected, last month’s figures recorded 2.3%.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 27/09/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 27/09/2024

Support & Resistance Level Explanation
Resistance 2 34.2497 Daily R2
Resistance 1 34.2218 Daily R1
Support 1 34.1472 Daily S1
Support 2 34.1193 Daily S2

USDTRY Indicator Table - 27/09/2024

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

USDTRY Indicator / Period Table - 27/09/2024

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

USDTRY 27/09/2024 - Reference Price : 34.1814

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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US Dollar - Turkish Lira Chart
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