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

EU Session Analysis for CFD Instruments 28/02/2025

Fundamental analysis

28 February, 2025

The US Dollar was sharply higher against the Turkish Lira during the Asian session, above 36.50 levels.

The USD/TRY increased in the Asian session, coming close to last Friday’s record high as the Lira lost ground as concerns over the Turkish economy continue. In Turkey, there are no data releases today. In the US, YoY Core PCE Price Index data for January (2.6% exp) will be released (13:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 28/02/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 28/02/2025

Support & Resistance Level Explanation
Resistance 2 36.6115 Daily R2
Resistance 1 36.5759 Daily R1
Support 1 36.4811 Daily S1
Support 2 36.4455 Daily S2

USDTRY Indicator Table - 28/02/2025

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 - 28/02/2025

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

USDTRY 28/02/2025 - Reference Price : 36.5281

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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