Usd/try

Today's off USD technical analysis is,


Resistance level 95.50
Resistance level 95.86
Resistance level 96.07



Support level 94.93
Support level 94.72
Support level 94.36

Currency pair is : Usd/Try

Trend is : buy

Resistance and supporting level of this pair is :


Resistance level of this pair is:

1# Resistance is:5.4644
2# Resistance is: 5.4656
3# Resistance is: 5.4661

Supporting level of this pair is :

1# Supporting is: 5.4614
2# Supporting is: 5.4612
3# Supporting is: 5.4603

Usd/Try Today's Technical Analysis:

According to my analysis on Usd/Try, the market is strong bullish today. I recommend BUY order from current price 5.4788. Market can break 5.4799 level today.

Technical Indicators:
RSI 14 Value: 37.884
STOCHRSI 14 Value: 66.235 Buy
Moving Average: Buy

Technically Overviews:
Lets have a look at Support and Resistance levels for this pair;
Support 1: 5.4781
Support 2: 5.4773
Support 3: 5.4753

Resistance 1: 5.4797
Resistance 2: 5.4835
Resistance 3: 5.4864

Currency pair is : Usd/Try


Current price:5.4771

pivot point :5.4758

Moving average:buy

volume Oscillator:buy


Resistance level of this pair is:

1# Resistance is: 5.4860
2# Resistance is: 5.5023
3# Resistance is: 5.5278

Supporting level of this pair is :

1# Supporting is: 5.4523
2# Supporting is: 5.4211
3# Supporting is: 5.3910

Usd/try:-
Today's signal:- sell
Current price:- 5.47080
T.P:- 5.41836
S.L:- 5.51687

analysis of Usd/Try

Bollinger Bands:buy
MACD:buy

Resistance and Supporting level is:

Pivot Point is : 5.4760

Resistance price is :

Resistance 1:5.4892
Resistance 2:5.4999
Resistance 3:5.5010

Supporting price is :

Supporting 1:5.4566
Supporting 2:5.4213
Supporting 3:5.3901

Pair:- Usd try
Signal:- Buy
I can see that the pair is showing support from the current market levels 5.47770. So, I recommend to buy this pair and can take the profit at level 5.602535.

Analysts at Danske Bank forecast that USD/TRY at 5.52, in a month, 5.55 in 3M, 5.70 in 6M and 6.00 in 12M. Vladimir Miklashevsky, Senior Economist/Trading Desk Strategist, warns that a sooner than expected rate cut would weigh on the Turkish lira.

Key Quotes:

“Turkey’s central bank (TCMB) kept the one-week repo rate at 24.00% in March 2019. Given the slowdown in inflation, which declined by under 20% y/y for the first time in many months, the central bank could start cutting soon in order to support the economy. However, we expect the easi

Currency pair Usd/Try

trend: buy


Resistance level is:

Resistance is: 5.4867
Resistance is: 5.5025
Resistance is: 5.5274

Supporting level is :

Support is: 5.4524
Support is: 5.4211
Support is: 5.3914

Usd/Try
Recommendation Trend is :Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :5.4658
2 Resistance level :5.4733
3 Resistance level :5.4855
Support level
1 Support level : 5.4414
2 Support level : 5.4339
3 Support level : 5.4217
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.