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 29/08/2025

Fundamental analysis

29 August, 2025

The US Dollar was higher against the Turkish Lira during the European session, trading above 41.00 levels.
The USD/TRY pair rose in the European session as high inflation is creating negative pressures on the Turkish lyra. In Turkey, the Unemployment rate was published with data being lower for this month than the month before (8.0% this month vs 8.4% previous month). In the US, Core PCE Price Index figures for July (2.9% exp) and Chicago PMI for August (46.6 exp) will be posted (14:45 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 29/08/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 29/08/2025

Support & Resistance Level Explanation
Resistance 2 41.2377 Daily R2
Resistance 1 41.1964 Daily R1
Support 1 41.0860 Daily S1
Support 2 41.0447 Daily S2

USDTRY Indicator Table - 29/08/2025

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

USDTRY Indicator / Period Table - 29/08/2025

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

USDTRY 29/08/2025 - Reference Price : 41.1417

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (0)
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US Dollar - Turkish Lira Chart
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