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 30/06/2021

Fundamental analysis

30 June, 2021

The USD/TRY traded slightly higher during the Asian session to trade at 8.7391. The pair traded higher on Tuesday and moved sideways in its usual choppy fashion. Turkey’s Economic Confidence Index for June printed at 97.80, an improvement over May’s print of 92.60. In the United States, home prices increased the most since April 2005. The Case-Shiller HPI-20 came in at 14.9%, year-over-Year. The CB Consumer Confidence for June was reported to ne 127.3. The consensus forecast was 119.0.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 30/06/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 30/06/2021

Support & Resistance Level Explanation
Resistance 2 8.78965 Daily R2
Resistance 1 8.76331 Daily R1
Support 1 8.69309 Daily S1
Support 2 8.66675 Daily S2

USDTRY Indicator Table - 30/06/2021

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 - 30/06/2021

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

USDTRY 30/06/2021 - Reference Price : 8.72820

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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