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

EU Session Analysis for CFD Instruments 01/10/2024

Fundamental analysis

01 October, 2024

The US Dollar climbed against the Turkish Lira during the Asian session, below 34.200 levels.

The pair continues to climb but the Lira saw volatility in this morning’s session, first falling and then paring losses as traders absorbed the unstable political situation in the region. In Turkey no major data is due to be posted today. In the United States, September’s Global US Manufacturing PMI (47.0 expected), ISM Manufacturing PMI (47.6 expected) and JOLT Job Openings data (7.640M) for August will be released (15:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 01/10/2024
Time Frame: 1 hour

USDTRY Support & Resistance Table - 01/10/2024

Support & Resistance Level Explanation
Resistance 2 34.2470 Daily R2
Resistance 1 34.2232 Daily R1
Support 1 34.1596 Daily S1
Support 2 34.1358 Daily S2

USDTRY Indicator Table - 01/10/2024

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 - 01/10/2024

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

USDTRY 01/10/2024 - Reference Price : 34.1914

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now