CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 22/01/2025

Fundamental analysis

22 January, 2025

The US Dollar climbed against the Turkish Lira during the Asian session, above 35.600 levels.

The USD/TRY continued to increase in the Asian session as the dollar strengthened against its rivals and the Lira lost ground again, and the pair recorded a fresh all time peak. In Turkey, there are no economic releases today. In the US, Leading Index data for December (-0.1% expected) will be posted (15:00 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 22/01/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 22/01/2025

Support & Resistance Level Explanation
Resistance 2 35.8026 Daily R2
Resistance 1 35.7362 Daily R1
Support 1 35.5594 Daily S1
Support 2 35.4931 Daily S2

USDTRY Indicator Table - 22/01/2025

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 - 22/01/2025

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

USDTRY 22/01/2025 - Reference Price : 35.6478

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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