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 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 13/02/2024

Fundamental analysis

13 February, 2024

The US Dollar rose against the Turkish Lira during Asian trading to trade at around 30.7187. Turkey has no economic events scheduled to report. The United States will release crucial CPI Inflation data this afternoon that could have a major bearing on when the Fed will decide to cut interest rates.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 13/02/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 13/02/2024

Support & Resistance Level Explanation
Resistance 2 30.8368 Daily R2
Resistance 1 30.7853 Daily R1
Support 1 30.6481 Daily S1
Support 2 30.5966 Daily S2

USDTRY Indicator Table - 13/02/2024

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

USDTRY Indicator / Period Table - 13/02/2024

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

USDTRY 13/02/2024 - Reference Price : 30.7161

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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US Dollar - Turkish Lira Chart
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