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 11/11/2024

Fundamental analysis

11 November, 2024

The US Dollar decreased against the Turkish Lira during the Asian session, above 34.300 levels.

The currency pair rose steadily on Friday reaching levels above 34.3900. In Turkey, no new economic data will be published today. In the United States, no new economic data will be published today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 11/11/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 11/11/2024

Support & Resistance Level Explanation
Resistance 2 34.4798 Daily R2
Resistance 1 34.4378 Daily R1
Support 1 34.3256 Daily S1
Support 2 34.2836 Daily S2

USDTRY Indicator Table - 11/11/2024

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 - 11/11/2024

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

USDTRY 11/11/2024 - Reference Price : 34.3817

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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