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 21/10/2022

Fundamental analysis

21 October, 2022

The Dollar Lira currency pair was broadly unchanged during the asian session and traded at 18.5928. Turkey printed its One-Week Repo Rate for October at 10.50% vs 11.00% expected. The Overnight Borrowing Rate for October printed 9.0%. The United States reported the Philadelphia Fed Manufacturing Index for October printed -8.7. The consensus was -5.0. Existing Home Sales for September printed 4.71m vs 4.70m expected. Initial Jobless Claims at 214k vs 230k expected. The United States has no scheduled economic events to report later today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/10/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/10/2022

Support & Resistance Level Explanation
Resistance 2 18.64667 Daily R2
Resistance 1 18.60738 Daily R1
Support 1 18.50262 Daily S1
Support 2 18.46333 Daily S2

USDTRY Indicator Table - 21/10/2022

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

USDTRY Indicator / Period Table - 21/10/2022

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

USDTRY 21/10/2022 - Reference Price : 18.55500

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