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 21/05/2025

Fundamental analysis

21 May, 2025

The US Dollar rose against the Turkish Lira during the European session, trading above 38.800 levels.
The USD/TRY currency pair rose in the European session as chronic inflation and monetary instability still grip the country, creating negative pressures on the Turkish lira. In Turkey, no new data will be posted today. In the US, Fed Members Barkin and Bowman will speak (17:00 and 17:00 GMT+1 respectively).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/05/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/05/2025

Support & Resistance Level Explanation
Resistance 2 38.9433 Daily R2
Resistance 1 38.8886 Daily R1
Support 1 38.7424 Daily S1
Support 2 38.6877 Daily S2

USDTRY Indicator Table - 21/05/2025

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

USDTRY Indicator / Period Table - 21/05/2025

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

USDTRY 21/05/2025 - Reference Price : 38.8141

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