EUR/TRY
EURTRY38.1185TRY
Today
-0.15%
1 Week
+0.69%
1 Month
+2.76%
6 Months
+1.15%
Year to Date
+4.76%
1 Year
+13.75%
Key Data Points
Opening Price
38.1596Previous Closing Price
38.1754Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
EUR/TRY Trading Strategy
Trading Strategy
Our preference: the downside prevails as long as 38.2255 is resistance.
Alternative scenario
the upside breakout of 38.2255, would call for 38.3398 and 38.4078.
Comment
the downside prevails as long as 38.2255 is resistance.
EUR/TRY News
TRY: Lower-than-expected inflation after the start of the cutting cycle – ING
December inflation in Turkey surprised to the downside with a drop from 47.1% to 44.4% YoY, below market expectations, ING’s FX analyst Frantisek Taborsky notes.
TRY: Unexpectedly dovish – Commerzbank
The Turkish central bank (CBT) held rates unchanged yesterday, as had been unanimously expected, but turned somewhat dovish in its language, contrary to our expectation.
TRY: No rate change today – Commerzbank
Turkey’s central bank (CBT) is scheduled to meet today for a rate decision: it is unanimously expected that the central bank will leave its key rate unchanged at 50%, Commerzbank’s FX analyst Tatha Ghose notes.
TRY: Last step before first rate cut – ING
The Central Bank of Turkey (CBT) is expected to leave rates unchanged at 50% today.
TRY: Capital flows quieten down as current-account improves – Commerzbank
The Turkish lira exchange rate has mildly depreciated against the US dollar in recent days, but not noticeably so.
More Details of EUR/TRY
