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

EU Session Analysis for CFD Instruments 07/06/2021

Fundamental analysis

07 June, 2021

The USD/TRY increased during the Asian session to trade at 8.6797. The pair drifted lower on Friday. The GReenback lost strength against most major currencies due to falling long term treasury yields. Turkey’s economic calendar was empty on Friday. In the United States, Nonfarm Payrolls for May were 559,000. The consensus forecast was for 650,000 new jobs. The Unemployment Rate in the United States for May improved to 5.8%, slightly better than the 5.9% forecast.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 07/06/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 07/06/2021

Support & Resistance Level Explanation
Resistance 2 8.77705 Daily R2
Resistance 1 8.73121 Daily R1
Support 1 8.60899 Daily S1
Support 2 8.56315 Daily S2

USDTRY Indicator Table - 07/06/2021

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 - 07/06/2021

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

USDTRY 07/06/2021 - Reference Price : 8.67010

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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