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 12/01/2022

Fundamental analysis

12 January, 2022

The USD/TRY fell slightly during the Asian session to trade at 13.7926 this morning. The pair moved sideways and marginally higher on Tuesday. Turkey reported its Current Account for November was -$2.68 billion, as expected. In the United States, U.S. Federal Reserve chairman Jerome Powell testified at his confirmation hearing in the U.S. Senate.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 12/01/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 12/01/2022

Support & Resistance Level Explanation
Resistance 2 13.93352 Daily R2
Resistance 1 13.85500 Daily R1
Support 1 13.64560 Daily S1
Support 2 13.56708 Daily S2

USDTRY Indicator Table - 12/01/2022

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

USDTRY Indicator / Period Table - 12/01/2022

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

USDTRY 12/01/2022 - Reference Price : 13.75030

Buy
Simple Moving AverageBuy (2)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Turkish Lira Chart
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