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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

EU Session Analysis for CFD Instruments 27/03/2025

Fundamental analysis

27 March, 2025

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

The USD/TRY broadly continued its range bound position with a slight positive bias established towards the end of last week, but traders remain focussed on the political and economic turbulence that Turkey is currently seeing. In Turkey, Net FX Reserves (73.9% last month) will be posted (11:30 GMT). In the US, Initial Jobless Claims data (225 exp) and US Q4 GDP data (2.3% exp) will be released (12:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 27/03/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 27/03/2025

Support & Resistance Level Explanation
Resistance 2 38.2075 Daily R2
Resistance 1 38.1129 Daily R1
Support 1 37.8606 Daily S1
Support 2 37.7659 Daily S2

USDTRY Indicator Table - 27/03/2025

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 - 27/03/2025

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

USDTRY 27/03/2025 - Reference Price : 37.9867

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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