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 06/05/2025

Fundamental analysis

06 May, 2025

The US Dollar rose against the Turkish Lira during the European session, trading above 38.6000 levels.
The USD/TRY volatile currency pair is nearing a more than a one month high as chronic inflation and monetary instability still grip the country. In Turkey, no data releases are scheduled today. In the US, Imports (401.10 bln exp) and Exports (278.5 bln exp) for March will be released (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 06/05/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 06/05/2025

Support & Resistance Level Explanation
Resistance 2 38.7174 Daily R2
Resistance 1 38.6699 Daily R1
Support 1 38.5433 Daily S1
Support 2 38.4958 Daily S2

USDTRY Indicator Table - 06/05/2025

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

USDTRY Indicator / Period Table - 06/05/2025

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

USDTRY 06/05/2025 - Reference Price : 38.6033

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