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. 73.43% 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

US Session Analysis for CFD Instruments 22/01/2021

Fundamental analysis

22 January, 2021

The USD/TRY pair traded firmly higher to 7.4053 as the Greenback inched higher against a basket of its rivals. The Turkish lira dropped some 1% on Friday, weakening along with emerging market peers and giving back gains from a day earlier when the central bank sounded hawkish about more rate hikes even while it held policy steady.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 22/01/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 22/01/2021

Support & Resistance Level Explanation
Resistance 2 7.44958 Daily R2
Resistance 1 7.42945 Daily R1
Support 1 7.37575 Daily S1
Support 2 7.35562 Daily S2

USDTRY Indicator Table - 22/01/2021

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

USDTRY Indicator / Period Table - 22/01/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellSell
SMA 20 Sell BuySell

USDTRY 22/01/2021 - Reference Price : 7.40260

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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