USD/TRY - 1H - Technical analysis published on 04/21/2025 (GMT)
- 102
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
44%
39%
My opinion
Neutral between 38.0144 TRY and 38.1631 TRY
My targets
-
My analysis
The short-term decline on USD/TRY remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 38.0144 TRY. The first resistance is located at 38.1631 TRY. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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 USD/TRY rating is 38.1149 TRY. On the day, this instrument gained +0.00% with the lowest point at 38.1089 TRY and the highest point at 38.1201 TRY. The deviation from the price is +0.02% for the low point and -0.01% for the high point.38.1089
38.1201
38.1149
Here is a more detailed summary of the historical variations registered by USD/TRY:
Technical
Technical analysis of USD/TRY in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 37.9766 | 38.0144 | 38.0889 | 38.1149 | 38.1631 | 38.1955 | 38.2625 |
Change (%) | -0.36% | -0.26% | -0.07% | - | +0.13% | +0.21% | +0.39% |
Change | -0.1383 | -0.1005 | -0.0260 | - | +0.0482 | +0.0806 | +0.1476 |
Level | Major | Intermediate | Minor | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 38.0162 | 38.0637 | 38.0895 | 38.1370 | 38.1628 | 38.2103 | 38.2361 |
Camarilla | 38.0950 | 38.1018 | 38.1085 | 38.1152 | 38.1219 | 38.1286 | 38.1354 |
Woodie | 38.0053 | 38.0583 | 38.0786 | 38.1316 | 38.1519 | 38.2049 | 38.2252 |
Fibonacci | 38.0637 | 38.0917 | 38.1090 | 38.1370 | 38.1650 | 38.1823 | 38.2103 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 37.7190 | 37.8478 | 38.0050 | 38.1338 | 38.2910 | 38.4198 | 38.5770 |
Camarilla | 38.0837 | 38.1099 | 38.1361 | 38.1623 | 38.1885 | 38.2147 | 38.2410 |
Woodie | 37.7333 | 37.8549 | 38.0193 | 38.1409 | 38.3053 | 38.4269 | 38.5913 |
Fibonacci | 37.8478 | 37.9570 | 38.0245 | 38.1338 | 38.2430 | 38.3105 | 38.4198 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 31.1431 | 33.7592 | 35.8537 | 38.4698 | 40.5643 | 43.1804 | 45.2749 |
Camarilla | 36.6528 | 37.0846 | 37.5164 | 37.9482 | 38.3800 | 38.8118 | 39.2436 |
Woodie | 30.8823 | 33.6288 | 35.5929 | 38.3394 | 40.3035 | 43.0500 | 45.0141 |
Fibonacci | 33.7592 | 35.5587 | 36.6704 | 38.4698 | 40.2693 | 41.3810 | 43.1804 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 45.29 | |
MACD (12,26,9): | 0.0067 | |
Directional Movement: | 12.1128 | |
AROON (14): | -78.5714 | |
DEMA (21): | 38.1450 | |
Parabolic SAR (0,02-0,02-0,2): | 38.1905 | |
Elder Ray (13): | -0.0234 | |
Super Trend (3,10): | 38.0990 | |
Zig ZAG (10): | 38.1147 | |
VORTEX (21): | 1.0059 | |
Stochastique (14,3,5): | 19.27 | |
TEMA (21): | 38.1475 | |
Williams %R (14): | -93.07 | |
Chande Momentum Oscillator (20): | -0.0502 | |
Repulse (5,40,3): | -0.0979 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0050 | |
Courbe Coppock: | 0.13 |
MA7: | 38.1228 | |
MA20: | 38.0388 | |
MA50: | 37.2368 | |
MA100: | 36.3074 | |
MAexp7: | 38.1340 | |
MAexp20: | 38.1345 | |
MAexp50: | 38.1222 | |
MAexp100: | 38.1030 | |
Price / MA7: | -0.02% | |
Price / MA20: | +0.20% | |
Price / MA50: | +2.36% | |
Price / MA100: | +4.98% | |
Price / MAexp7: | -0.05% | |
Price / MAexp20: | -0.05% | |
Price / MAexp50: | -0.02% | |
Price / MAexp100: | +0.03% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on USD/TRY. At the time of publication of this analysis, the latest news was as follows:
-
USD/TRY Forecast July 23, 2024
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XTB Market Updates on USDTRY - 06/06/2023
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Upside Potential For USD/TRY
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Upside Potential For USD/TRY
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USD/TRY
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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