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. 70.41% 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 30/04/2025

Fundamental analysis

30 April, 2025

The US Dollar increased against the Turkish Lira during the Asian session above 38.40 levels.

The USD/TRY continued its rise during the Asian session amid concerns that economic confidence iis weakening in Turkey amid high inflation. In Turkey, Foreign Arrivals for March (-5.34% last month) will be released (09:00 GMT+1). In the US, ADP Nonfarm Employment Change for April (123k exp) will be released (13:15 GMT+1), GDP for Q1 (0.4% exp) will be posted (13:30 GMT+1) and Core PCE Price Index for March (2.6% exp) will be posted (15:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 30/04/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 30/04/2025

Support & Resistance Level Explanation
Resistance 2 38.5923 Daily R2
Resistance 1 38.5528 Daily R1
Support 1 38.4475 Daily S1
Support 2 38.4080 Daily S2

USDTRY Indicator Table - 30/04/2025

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 - 30/04/2025

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

USDTRY 30/04/2025 - Reference Price : 38.5002

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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