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 11/02/2022

Fundamental analysis

11 February, 2022

The USD/TRY increased during the Asian session to trade at 13.5137 this morning. The pair moved lower on Thursday. Turkey’s Unemployment Rate for December came in at 11.2%. In the United States, Initial Jobless Claims for the past week were 223,000, less than the 230,000 analysts had predicted. The CPI for January printed at 7.5%. The consensus forecast was 7.3%.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 11/02/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 11/02/2022

Support & Resistance Level Explanation
Resistance 2 13.59021 Daily R2
Resistance 1 13.55712 Daily R1
Support 1 13.46888 Daily S1
Support 2 13.43579 Daily S2

USDTRY Indicator Table - 11/02/2022

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

USDTRY Indicator / Period Table - 11/02/2022

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

USDTRY 11/02/2022 - Reference Price : 13.51300

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