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 21/01/2022

Fundamental analysis

21 January, 2022

The USD/TRY jumped during the Asian session to trade at 13.633 this morning. The pair dropped slightly on Thursday. The Central Bank of the Republic of Turkey left the One Week Repo Rate unchanged at 14.00%, as expected. In the United States, Initial Jobless Claims for the past week came in worse than expected at 286,000. The Philadelphia Fed Manufacturing Index for January beat its estimate printing at 23.2 versus the 20.0 that had been expected. Existing Home Sales for December fell 4.6%, Month-over-Month.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/01/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/01/2022

Support & Resistance Level Explanation
Resistance 2 13.59144 Daily R2
Resistance 1 13.51111 Daily R1
Support 1 13.29689 Daily S1
Support 2 13.21656 Daily S2

USDTRY Indicator Table - 21/01/2022

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

USDTRY Indicator / Period Table - 21/01/2022

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

USDTRY 21/01/2022 - Reference Price : 13.40400

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