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 06/01/2025

Fundamental analysis

06 January, 2025

The US Dollar increased against the Turkish Lira during the European session, trading above 35.330 levels.

The USD/TRY is maintaining its price in the European trading session, as the inflation plagued Lira remained under pressure against the US dollar. In Turkey, there are no data releases today. In the US, S&P Global Services PMI for December (58.5 exp) will be released (14:45 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 06/01/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 06/01/2025

Support & Resistance Level Explanation
Resistance 2 34.4559 Daily R2
Resistance 1 35.4045 Daily R1
Support 1 35.2675 Daily S1
Support 2 35.2161 Daily S2

USDTRY Indicator Table - 06/01/2025

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

USDTRY Indicator / Period Table - 06/01/2025

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

USDTRY 06/01/2025 - Reference Price : 35.3309

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Turkish Lira Chart
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