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 04/06/2025

Fundamental analysis

04 June, 2025

The US Dollar climbed against the Turkish Lira during the European session, trading above 39.10 levels.
The USD/TRY currency pair resumed its gradual rise in the European session after Turkish inflation data yesterday came in lower than expected, but remained high at 35.41%. In Turkey, there are no scheduled data releases today. In the US, ADP Nonfarm Employment data for May (111k exp) will be posted (13:15 GMT+1), US S&P Global Services PMI for May (52.3 exp) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for May (52.1 exp) will be released (15:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 04/06/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 04/06/2025

Support & Resistance Level Explanation
Resistance 2 39.2732 Daily R2
Resistance 1 39.2133 Daily R1
Support 1 39.0535 Daily S1
Support 2 38.9936 Daily S2

USDTRY Indicator Table - 04/06/2025

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

USDTRY Indicator / Period Table - 04/06/2025

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

USDTRY 04/06/2025 - Reference Price : 39.1335

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