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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

EU Session Analysis for CFD Instruments 23/01/2026

Fundamental analysis

23 January, 2026

The US Dollar jumped against the Turkish Lira during the Asian session above 43.30 levels.
The USD/TRY currency pair increased sharply to another all time high in the Asian session after the Turkish Central Bank cut its one week repo rate by 1% to 37% yesterday. In Turkey, Consumer Confidence data for January (83.5 last month) will be posted (07:00 GMT). In the US, S&P Global Services for January (52.9 exp) and S&P Global Manufacturing data for January (51.9 exp) will be released (14:45 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 23/01/2026
Time Frame: 1 hour

USDTRY Support & Resistance Table - 23/01/2026

Support & Resistance Level Explanation
Resistance 2 43.4034 Daily R2
Resistance 1 43.3869 Daily R1
Support 1 43.3430 Daily S1
Support 2 43.3265 Daily S2

USDTRY Indicator Table - 23/01/2026

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 - 23/01/2026

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

USDTRY 23/01/2026 - Reference Price : 43.3649

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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