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. 70.41% 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 08/01/2025

Fundamental analysis

08 January, 2025

The US Dollar increased against the Turkish Lira during the European session, trading above 35.380 levels.

The USD/TRY has reached new all-time highs in this morning’s session following inflationary and monetary instability that is chronically gripping the country. Turkey, there are no data releases today. In the US, ADP Nonfarm Employment for December (136k exp) and Initial Jobless Claims (214k exp) will be released (13:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 08/01/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 08/01/2025

Support & Resistance Level Explanation
Resistance 2 35.4566 Daily R2
Resistance 1 35.4251 Daily R1
Support 1 35.3411 Daily S1
Support 2 35.3096 Daily S2

USDTRY Indicator Table - 08/01/2025

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

USDTRY Indicator / Period Table - 08/01/2025

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

USDTRY 08/01/2025 - Reference Price : 35.3818

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