CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 29/10/2024

Fundamental analysis

29 October, 2024

The US Dollar was lower against the Turkish Lira during the European session, above 34.200 levels.

The pair fell in the European session to a four day low, bucking its long term uptrend, at least for the time being. In the United States, CB Consumer Confidence for October (99.2 exp) and JOLTS Job Openings for September (7.920 mln exp) will be revealed (14:00 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 29/10/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 29/10/2024

Support & Resistance Level Explanation
Resistance 2 34.3205 Daily R2
Resistance 1 34.2995 Daily R1
Support 1 34.2433 Daily S1
Support 2 34.2223 Daily S2

USDTRY Indicator Table - 29/10/2024

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

USDTRY Indicator / Period Table - 29/10/2024

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

USDTRY 29/10/2024 - Reference Price : 34.2693

Sell
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Turkish Lira Chart
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