CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 08/08/2025

Fundamental analysis

08 August, 2025

The US Dollar was higher against the Turkish Lira during the European session, trading above 40.60 levels.
The USD/TRY pair climbed in the European session amid expectations that the Bank of Turkey will cut interest rates in the coming months, despite elevated inflation. In Turkey, there are no economic data releases set for release today. In the US, there are no major data releases scheduled today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 08/08/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 08/08/2025

Support & Resistance Level Explanation
Resistance 2 40.8748 Daily R2
Resistance 1 40.7951 Daily R1
Support 1 40.5825 Daily S1
Support 2 40.5028 Daily S2

USDTRY Indicator Table - 08/08/2025

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 - 08/08/2025

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

USDTRY 08/08/2025 - Reference Price : 40.6888

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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