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

US Session Analysis for CFD Instruments 18/03/2022

Fundamental analysis

18 March, 2022

The USD/TRY pair moved firmly higher by Friday lunchtime. It is now trading at 14.8014. The Turkish lira deepened losses on Friday after the central bank held rates at 14% despite soaring inflation, while broader emerging market stocks and currencies extended a rally after the U.S. Federal Reserve’s policy decision offered no surprises.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 18/03/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 18/03/2022

Support & Resistance Level Explanation
Resistance 2 14.97727 Daily R2
Resistance 1 14.90203 Daily R1
Support 1 14.70137 Daily S1
Support 2 14.62613 Daily S2

USDTRY Indicator Table - 18/03/2022

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 - 18/03/2022

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

USDTRY 18/03/2022 - Reference Price : 14.80170

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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