CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Turkish Lira Analysis

EU Session Analysis for CFD Instruments 14/01/2025

Fundamental analysis

14 January, 2025

The US Dollar climbed against the Turkish Lira during the Asian session, above 35.400 levels.

The USD/TRY moved towards another record higher in the Asian session, as there appears to be no end to the Lira’s losing run as worries continue about high inflation in Turkey. In Turkey, there are no major data releases today. In the US, Producer Price Index data for December (0.4% expected) will be released (13:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 14/01/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 14/01/2025

Support & Resistance Level Explanation
Resistance 2 35.5552 Daily R2
Resistance 1 35.5266 Daily R1
Support 1 35.4501 Daily S1
Support 2 35.4215 Daily S2

USDTRY Indicator Table - 14/01/2025

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 - 14/01/2025

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

USDTRY 14/01/2025 - Reference Price : 35.4884

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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