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 06/08/2024

Fundamental analysis

06 August, 2024

The US Dollar climbed against the Turkish Lira during the European session, trading above 33.4000 levels.

In Turkey, there will be no major data releases today. In the United States, there are no major data releases scheduled today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 06/08/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 06/08/2024

Support & Resistance Level Explanation
Resistance 2 33.6830 Daily R2
Resistance 1 33.6427 Daily R1
Support 1 33.5353 Daily S1
Support 2 33.4950 Daily S2

USDTRY Indicator Table - 06/08/2024

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 - 06/08/2024

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

USDTRY 06/08/2024 - Reference Price : 33.5536

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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