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 10/04/2024

Fundamental analysis

10 April, 2024

The US Dollar was marginally lower against the Turkish Lira during the Asian session, trading below 32.300 levels.

Turkey has no significant economic data to report today. CPI Inflation figures for the United States are set to be revealed today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 10/04/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 10/04/2024

Support & Resistance Level Explanation
Resistance 2 32.4500 Daily R2
Resistance 1 32.3680 Daily R1
Support 1 32.1494 Daily S1
Support 2 32.0674 Daily S2

USDTRY Indicator Table - 10/04/2024

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

USDTRY Indicator / Period Table - 10/04/2024

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

USDTRY 10/04/2024 - Reference Price : 32.2587

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