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 18/05/2021

Fundamental analysis

18 May, 2021

The USD/TRY increased during the Asian session to trade at 8.3224. The pair fell precipitously early on Monday and then continued its descent at the end of the European trading day. Turkey’s Budget balance for April was reported to be -16.80 billion Turkish lira, a swing from last month’s figure of +23.80 billion Turkish lira. In the United States, the NY Empire State manufacturing Index for May came in at 24.30, above the analysts’ estimate of 23.90.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 18/05/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 18/05/2021

Support & Resistance Level Explanation
Resistance 2 8.39790 Daily R2
Resistance 1 8.36601 Daily R1
Support 1 8.28099 Daily S1
Support 2 8.24910 Daily S2

USDTRY Indicator Table - 18/05/2021

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

USDTRY Indicator / Period Table - 18/05/2021

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

USDTRY 18/05/2021 - Reference Price : 8.32350

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now