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 20/03/2024

Fundamental analysis

20 March, 2024

The US Dollar climbed against the Turkish Lira during the Asian session trading above 32.500 levels.

No major economic data is expected from Turkey. Today, the Federal Reserve of the United States will convene to make its interest rate decision.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 20/03/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 20/03/2024

Support & Resistance Level Explanation
Resistance 2 32.4852 Daily R2
Resistance 1 32.4399 Daily R1
Support 1 32.3191 Daily S1
Support 2 32.2738 Daily S2

USDTRY Indicator Table - 20/03/2024

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

USDTRY Indicator / Period Table - 20/03/2024

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

USDTRY 20/03/2024 - Reference Price : 32.3794

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (0)
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US Dollar - Turkish Lira Chart
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