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

EU Session Analysis for CFD Instruments 12/01/2021

Fundamental analysis

12 January, 2021

The USD/TRY pair inched higher to 7.4764. The pair climbed higher on Monday in very choppy trading. Turkey reported its Quarterly 3-Month Jobless Average for October to be 12.7%, unchanged from the previous report. In the United States, the CB Employment Trends for December printed at 99.01.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 12/01/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 12/01/2021

Support & Resistance Level Explanation
Resistance 2 7.53550 Daily R2
Resistance 1 7.49839 Daily R1
Support 1 7.39941 Daily S1
Support 2 7.36230 Daily S2

USDTRY Indicator Table - 12/01/2021

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

USDTRY Indicator / Period Table - 12/01/2021

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy SellSell
SMA 20 Buy SellSell

USDTRY 12/01/2021 - Reference Price : 7.44890

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