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 10/08/2021

Fundamental analysis

10 August, 2021

The USD/TRY edged downwards during the Asian session to trade at 8.6375. The pair climbed slightly higher on Monday. Turkey’s economic calendar was empty. The JOLTs Job Openings report for June in the United States showed over 10 million job openings, above the roughly 9.3 million that analysts had predicted.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 10/08/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 10/08/2021

Support & Resistance Level Explanation
Resistance 2 8.7191 Daily R2
Resistance 1 8.6871 Daily R1
Support 1 8.6019 Daily S1
Support 2 8.5699 Daily S2

USDTRY Indicator Table - 10/08/2021

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

USDTRY Indicator / Period Table - 10/08/2021

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

USDTRY 10/08/2021 - Reference Price : 8.6470

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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US Dollar - Turkish Lira Chart
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