CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 23/01/2023

Fundamental analysis

23 January, 2023

The USD/TRY inched lower this morning at 18.8076. Turkey has no economic events scheduled to report. The United States printed Michigan Consumer Sentiment for January at 64.6 vs 60.5 expected. Michigan Consumer Expectations for December was reported at 62.0 vs 59.5 expected.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 23/01/2023
Time Frame: 1 hour

USDTRY Support & Resistance Table - 23/01/2023

Support & Resistance Level Explanation
Resistance 2 18.85746 Daily R2
Resistance 1 18.83563 Daily R1
Support 1 18.77743 Daily S1
Support 2 18.75560 Daily S2

USDTRY Indicator Table - 23/01/2023

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 - 23/01/2023

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

USDTRY 23/01/2023 - Reference Price : 18.80653

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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