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 15/05/2025

Fundamental analysis

15 May, 2025

The US Dollar edged higher against the Turkish Lira during the Asian session above 38.70 levels.
The volatile USD/TRY currency pair dropped to a one week low early in the session only to rise in the mid-Asian session as concerns about high inflation continue to cause sharp price movements and weaken the Lira.. In Turkey Net FX Reserves data (32.79% last week) will be posted (12:30 GMT+1). In the US, MoM Retail Sales for April (0.0% exp), YoY PPI for April (2.5%), Initial Jobless Claims (229k exp) and Philadelphia Fed Manufacturing for May (-9.9 exp) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 15/05/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 15/05/2025

Support & Resistance Level Explanation
Resistance 2 38.8545 Daily R2
Resistance 1 38.8069 Daily R1
Support 1 38.6801 Daily S1
Support 2 38.6326 Daily S2

USDTRY Indicator Table - 15/05/2025

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 - 15/05/2025

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

USDTRY 15/05/2025 - Reference Price : 38.7435

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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