USDTRY NEWS why is Us Dollar / Turkish Lira price falling or rising

USDTRY NEWS reasons for why stock price of Us Dollar / Turkish Lira is falling or rising

USDTRY Us Dollar is falling or rising technical reasons

Technical analysis forecast of Us Dollar Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Us Dollar USDTRY at this time. Stock is rising and might rise more.

It appears as if Us Dollar USDTRY gave a large move recently.

Stock of Us Dollar (USDTRY) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Us Dollar is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 32.6, for a target of 32.4 or 32.26

USDTRY Us Dollar is falling or rising NEWS fundamental reasons

Rupee appreciates 12 paise to 83.49 against US dollar in early trade The rupee rebounded from its all-time low levels and appreciated 12 paise to 83.49 against the US dollar in early trade on Thursday, supported by a firm trend in domestic equities and tracking gains in Asian currencies. Forex traders said the local unit ga - NEWS as on 2024-04-18 business-standard.com

Why the US dollar is causing chaos across Asia US Dollar's surge causes chaos in Asia, impacting Taiwan, India, Malaysia. Emerging-market currencies plummet as US economic performance weakens Fed rate cut expectations. Asian central banks take cautious measures to support currencies amid US interest ra - NEWS as on 2024-04-17 indiatimes.com

Rupee depreciates 9 paise to 83.53 against US dollar in early trade The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative trend in domestic equities and sustained foreign fund outflows a - NEWS as on 2024-04-16 business-standard.com

Rupee depreciates 6 paise to 83.44 against US dollar in early trade The rupee declined 6 paise to 83.44 against the US dollar in early trade on Monday, tracking negative equity markets and withdrawal of foreign funds amid renewed concerns over geopolitical tensions in the Middle East. Forex traders said a strong American c - NEWS as on 2024-04-15 business-standard.com

US dollar rallies on safe-haven bids, rate cut delay; yen hits 34-year low "We have a confluence of things happening that are boosting the dollar: geopolitical risk increasing, hawkish data out of the U.S. in terms of inflation and last week's strong employment report," said Brad Bechtel, global head of FX at Jefferies in New Yor - NEWS as on 2024-04-13 indiatimes.com

Rupee declines 7 paise to 83.38 against US dollar in early trade today The rupee depreciated 7 paise to 83.38 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities and elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market also - NEWS as on 2024-04-12 business-standard.com

US dollar turns lower after producer prices for March, jobless claims data A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims - NEWS as on 2024-04-11 business-standard.com

More announcements and NEWS

USDTRY Us Dollar / Turkish Lira current price & indicator signals

Moving Averages for Us Dollar / Turkish Lira

  • 5Day Average: 32.47
  • 12Day Average: 32.36
  • 20Day Average: 32.31
  • 50Day Average: 31.67
  • 100Day Average: 30.63
  • 150Day Average: 29.74
  • 200Day Average: 29

USDTRY Indicators & signals

Indicator MACD (12,26,9)

32.38, 32.15, 0.25
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 37.5, 29.17
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of USDTRY Us Dollar / Turkish Lira are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 32.58800 32.46590 to 32.61290 0.34% 0 times
17 Wed Apr 2024 32.47640 32.42080 to 32.58380 -0.11% 0 times
16 Tue Apr 2024 32.51340 32.42310 to 32.54320 0.27% 0 times
15 Mon Apr 2024 32.42490 32.28360 to 32.55640 0.2% 0 times
12 Fri Apr 2024 32.36090 32.25740 to 33.04410 -0.24% 0 times
11 Thu Apr 2024 32.44020 32.22140 to 32.50180 0.46% 0 times
10 Wed Apr 2024 32.29040 32.24370 to 32.30860 0.14% 0 times
09 Tue Apr 2024 32.24420 32.15480 to 32.30080 0.25% 0 times
08 Mon Apr 2024 32.16270 31.96220 to 32.19900 0.04% 0 times
01 Mon Apr 2024 32.14980 31.87680 to 32.45300 -0.8% 0 times
28 Thu Mar 2024 32.40830 32.30420 to 32.45870 0.32% 0 times
27 Wed Mar 2024 32.30370 32.21540 to 32.32130 0.27% 0 times

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