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. 73.43% 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

EU Session Analysis for CFD Instruments 09/04/2021

Fundamental analysis

09 April, 2021

The USD/TRY increased during the Asian session to trade at 8.1550. The pair drifted sideways and marginally lower in remarkably quiet trading for the Turkish Lira on Thursday. Turkey did not release any economic data. In the United States, Initial Jobless Claims for the past week came in at 744,000, higher than the 680,000 that the analysts had predicted.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 09/04/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 09/04/2021

Support & Resistance Level Explanation
Resistance 2 8.23066 Daily R2
Resistance 1 8.19661 Daily R1
Support 1 8.10579 Daily S1
Support 2 8.07174 Daily S2

USDTRY Indicator Table - 09/04/2021

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

USDTRY Indicator / Period Table - 09/04/2021

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

USDTRY 09/04/2021 - Reference Price : 8.15120

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (0)
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US Dollar - Turkish Lira Chart
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