CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 03/01/2025

Fundamental analysis

03 January, 2025

The US Dollar slightly decreased against the Turkish Lira during the European session, trading below 35.370 levels.

The USDTRY is maintaining its current level after it climbed this morning and recorded a fresh all time high ahead of today’s release of last month’s Turkish Central Bank Meeting Minutes. The Turkish lira has been under renewed pressure after the Trump administration said it was reviewing Turkey's duty-free access to the U.S. market. In Turkey, CBRT Monetary Policy Meeting Minutes will be published (11:00 GMT). In the US, ISM Manufacturing PMI for December (48.2 exp) and ISM Manufacturing Prices for December (51.5 exp) will be released (15:00 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 03/01/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 03/01/2025

Support & Resistance Level Explanation
Resistance 2 35.5290 Daily R2
Resistance 1 35.4600 Daily R1
Support 1 35.2758 Daily S1
Support 2 35.2068 Daily S2

USDTRY Indicator Table - 03/01/2025

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Sell
Stochastic ( 9;6;3) Sell

USDTRY Indicator / Period Table - 03/01/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Sell SellSell
SMA 20 Buy BuyBuy

USDTRY 03/01/2025 - Reference Price : 35.3655

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now