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 12/05/2025

Fundamental analysis

12 May, 2025

The US Dollar rose against the Turkish Lira during the European session, trading above 38.7000 levels.
The USD/TRY volatile currency pair is advancing in the European session as chronic inflation and monetary instability still plague the country. In Turkey Retail Sales data for March was released with data being lower for this month than the month before (9.2% this month vs 12.2% previous month). In the US, the Federal Budget Balance for April (256.4 bln last month) will be released (19:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 12/05/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 12/05/2025

Support & Resistance Level Explanation
Resistance 2 38.8868 Daily R2
Resistance 1 38.8301 Daily R1
Support 1 38.6787 Daily S1
Support 2 38.6220 Daily S2

USDTRY Indicator Table - 12/05/2025

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 - 12/05/2025

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

USDTRY 12/05/2025 - Reference Price : 38.7568

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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