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 30/05/2024

Fundamental analysis

30 May, 2024

The US Dollar was higher against the Turkish Lira during the Asian session, trading around 32.200 levels.

Turkey has no market moving economic data to report today. Q1 2024 GDP data is due for release in the United States.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 30/05/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 30/05/2024

Support & Resistance Level Explanation
Resistance 2 32.4268 Daily R2
Resistance 1 32.3578 Daily R1
Support 1 32.1736 Daily S1
Support 2 32.1046 Daily S2

USDTRY Indicator Table - 30/05/2024

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 - 30/05/2024

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

USDTRY 30/05/2024 - Reference Price : 32.2636

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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