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 21/10/2024

Fundamental analysis

21 October, 2024

The US Dollar inched lower against the Turkish Lira during the Asian session, below 34.200 levels.

The volatile currency pair zig zagged this morning following the Turkish Central Bank interest rates decision last week to maintain rates at 50% yesterday. In Turkey Central Government debt stock for Septembember data will be released. In the United States, Fed Member Kashkari will speak (18:00 respectively).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/10/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/10/2024

Support & Resistance Level Explanation
Resistance 2 34.3529 Daily R2
Resistance 1 34.3043 Daily R1
Support 1 34.1747 Daily S1
Support 2 34.1261 Daily S2

USDTRY Indicator Table - 21/10/2024

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

USDTRY Indicator / Period Table - 21/10/2024

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

USDTRY 21/10/2024 - Reference Price : 34.2395

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now