EUR/TRY

- TRY (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURTRY
ISIN:

EUR/TRY - 1H - Technical analysis published on 04/09/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 41.7627 TRY

My targets

42.2813 TRY (+0.2886)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/TRY as long as the price remains well above 41.7627 TRY. The buyers' bullish objective is set at 42.2813 TRY. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/TRY price is 41.9927 TRY. The price has increased by +0.68% since the last closing and was traded between 41.6842 TRY and 42.0680 TRY over the period. The price is currently at +0.74% from its lowest and -0.18% from its highest.

41.6842

42.0680

41.9927

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this EUR/TRY chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2 (Daily)

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	41.1011	41.4630	41.7627	41.9927	42.0017	42.2813
Change (%)	-2.12%	-1.26%	-0.55%	-	+0.02%	+0.69%
Change	-0.8916	-0.5297	-0.2300	-	+0.0090	+0.2886
Level	Major	Intermediate	Intermediate	-	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.1116	41.2523	41.4814	41.6221	41.8512	41.9919	42.2210
Camarilla	41.6089	41.6428	41.6767	41.7106	41.7445	41.7784	41.8123
Woodie	41.1559	41.2744	41.5257	41.6442	41.8955	42.0140	42.2653
Fibonacci	41.2523	41.3935	41.4808	41.6221	41.7633	41.8506	41.9919

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.3765	40.0899	40.8545	41.5679	42.3325	43.0459	43.8105
Camarilla	41.2127	41.3481	41.4836	41.6191	41.7546	41.8901	42.0256
Woodie	39.4021	40.1027	40.8801	41.5807	42.3581	43.0587	43.8361
Fibonacci	40.0899	40.6545	41.0033	41.5679	42.1325	42.4813	43.0459

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.9096	34.4053	37.7308	41.2265	44.5520	48.0477	51.3732
Camarilla	39.1804	39.8057	40.4309	41.0562	41.6815	42.3068	42.9320
Woodie	30.8244	34.3628	37.6456	41.1840	44.4668	48.0052	51.2880
Fibonacci	34.4053	37.0110	38.6208	41.2265	43.8322	45.4420	48.0477

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.73
MACD (12,26,9):	0.0911
Directional Movement:	19.2811
AROON (14):	92.8571
DEMA (21):	41.8463
Parabolic SAR (0,02-0,02-0,2):	41.5797
Elder Ray (13):	0.1919
Super Trend (3,10):	41.6217
Zig ZAG (10):	41.9981
VORTEX (21):	1.1584
Stochastique (14,3,5):	92.76
TEMA (21):	41.9503
Williams %R (14):	-5.89
Chande Momentum Oscillator (20):	0.4812
Repulse (5,40,3):	0.4759
ROCnROLL:	1
TRIX (15,9):	0.0162
Courbe Coppock:	1.69

MA7:	41.6029
MA20:	41.0232
MA50:	39.2823
MA100:	37.9651
MAexp7:	41.9390
MAexp20:	41.7428
MAexp50:	41.6765
MAexp100:	41.6075
Price / MA7:	+0.94%
Price / MA20:	+2.36%
Price / MA50:	+6.90%
Price / MA100:	+10.61%
Price / MAexp7:	+0.13%
Price / MAexp20:	+0.60%
Price / MAexp50:	+0.76%
Price / MAexp100:	+0.93%

Quotes : - Real time data - Forex

News

The last news published on EUR/TRY at the time of the generation of this analysis was as follows:

Weekly Technical Analysis: 15/05/2023 - EURUSD, EURTRY, USDJPY

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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