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

EU Session Analysis for CFD Instruments 09/11/2021

Fundamental analysis

09 November, 2021

The USD/TRY increased during the Asian session to trade at 9.6997 this morning. The pair moved sideways in choppy trading on Monday. Turkey did not report any significant economic data. The CB Employment Trends Index for October in the United States printed at 112.23, higher than September’s figure of 109.68.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 09/11/2021
Time Frame: 1 hour

USDTRY Support & Resistance Table - 09/11/2021

Support & Resistance Level Explanation
Resistance 2 9.8038 Daily R2
Resistance 1 9.7689 Daily R1
Support 1 9.6755 Daily S1
Support 2 9.6406 Daily S2

USDTRY Indicator Table - 09/11/2021

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 - 09/11/2021

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

USDTRY 09/11/2021 - Reference Price : 9.7172

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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