EUR/TRY
EURTRY36.4208TRY
Today
-0.26%
1 Week
-0.05%
1 Month
-0.73%
6 Months
+0.56%
Year to Date
+0.10%
1 Year
+11.42%
Key Data Points
Opening Price
36.4942Previous Closing Price
36.5144Indicators
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
The configuration is positive.
Alternative scenario
below 36.5194, expect 36.4095 and 36.3441.
Comment
the upside prevails as long as 36.5194 is support.
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.