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 05/06/2025

Fundamental analysis

05 June, 2025

The US Dollar jumped against the Turkish Lira during the European session, trading above 39.30 levels.
The USD/TRY currency pair rose sharply in the European session on increasing speculation that the Turkish Central Bank may opt for an interest rate cut after Turkish inflation data came in lower than expected this week. In Turkey, Net FX Reserves (47.97% exp) will be released (12:30 GMT+1). In the US, Initial Jobless Claims data (236k exp) will be posted (13:30 GMT+1).

Technical analysis

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

USDTRY Support & Resistance Table - 05/06/2025

Support & Resistance Level Explanation
Resistance 2 39.4877 Daily R2
Resistance 1 39.4239 Daily R1
Support 1 39.2537 Daily S1
Support 2 39.1899 Daily S2

USDTRY Indicator Table - 05/06/2025

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 - 05/06/2025

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

USDTRY 05/06/2025 - Reference Price : 39.3418

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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