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 21/03/2025

Fundamental analysis

21 March, 2025

The US Dollar inched higher against the Turkish Lira during the Asian session, above 38.00 levels.

The USD/TRY moved a little higher, trading in a range during the Asian session after a turbulent week when the markets reacted strongly to the arrest and imprisonment of a major Turkish opposition leader. In Turkey, Consumer Confidence data for March (82.1 last month) will be released (07:00 GMT). In the US, there are no major data releases today.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/03/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/03/2025

Support & Resistance Level Explanation
Resistance 2 38.7338 Daily R2
Resistance 1 38.4194 Daily R1
Support 1 37.5810 Daily S1
Support 2 37.2666 Daily S2

USDTRY Indicator Table - 21/03/2025

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 - 21/03/2025

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

USDTRY 21/03/2025 - Reference Price : 38.0002

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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