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 01/09/2022

Fundamental analysis

01 September, 2022

USD/TRY edged upwards at 18.2041 during lunchtime trade on Thursday. The Turkish lira fell after a Reuters poll showed that Turkey's annual inflation is expected to exceed 81% in August after the central bank delivered an unexpected rate cut despite continuing price pressures, and it was seen declining to just below 71% by end-2022.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 01/09/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 01/09/2022

Support & Resistance Level Explanation
Resistance 2 18.2334 Daily R2
Resistance 1 18.2175 Daily R1
Support 1 18.1749 Daily S1
Support 2 18.1590 Daily S2

USDTRY Indicator Table - 01/09/2022

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

USDTRY Indicator / Period Table - 01/09/2022

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

USDTRY 01/09/2022 - Reference Price : 18.1931

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