CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 01/02/2022

Fundamental analysis

01 February, 2022

The USD/TRY increased during the Asian session to trade at 13.3888 this morning. The pair tumbled and recovered half of its drop on Monday. Turkey’s Foreign Arriva;s for December rose 170.60%, Year-over-Year. In the United States, the Chicago PMI for January came in at 65.2, beating the analysts’ estimate of 61.7.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 01/02/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 01/02/2022

Support & Resistance Level Explanation
Resistance 2 13.48932 Daily R2
Resistance 1 13.43420 Daily R1
Support 1 13.28720 Daily S1
Support 2 13.23208 Daily S2

USDTRY Indicator Table - 01/02/2022

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 - 01/02/2022

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

USDTRY 01/02/2022 - Reference Price : 13.36070

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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