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. 73.43% 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 09/09/2022

Fundamental analysis

09 September, 2022

The Dollar Lira currency pair edged lower during the asian session and trading at 18.2333. Turkey had no economic scheduled to report today. The USD rose after Fed Chair Jerome Powell repeated that it will continue to raise interest rates in order to tame surging inflation and warned against prematurely loosening monetary policy.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 09/09/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 09/09/2022

Support & Resistance Level Explanation
Resistance 2 18.2744 Daily R2
Resistance 1 18.2568 Daily R1
Support 1 18.2098 Daily S1
Support 2 18.1922 Daily S2

USDTRY Indicator Table - 09/09/2022

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

USDTRY Indicator / Period Table - 09/09/2022

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

USDTRY 09/09/2022 - Reference Price : 18.2356

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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US Dollar - Turkish Lira Chart
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