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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% 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 16/03/2026

Fundamental analysis

16 March, 2026

The US Dollar declined slightly against the Turkish Lira during the European session below 44.20 levels.
The USD/TRY pair edged lower in the European session but remained close to Friday’s all-time high after Turkey’s budget balance data came in positive, though the Turkish economy continues to face pressure from persistently high inflation. In Turkey, February Budget Balance was reported at 24.40B, compared with -214.50B last month. In the US, NY Empire State Manufacturing Index data for March (7.10 last month) will be posted (12:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 16/03/2026
Time Frame: 1 hour

USDTRY Support & Resistance Table - 16/03/2026

Support & Resistance Level Explanation
Resistance 2 44.2669 Daily R2
Resistance 1 44.2358 Daily R1
Support 1 44.1532 Daily S1
Support 2 44.1221 Daily S2

USDTRY Indicator Table - 16/03/2026

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 - 16/03/2026

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

USDTRY 16/03/2026 - Reference Price : 44.1945

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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