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 16/05/2025

Fundamental analysis

16 May, 2025

The US Dollar was up against the Turkish Lira during the Asian session above 38.80 levels.
The USD/TRY currency pair increased to an almost two month high in the Asian session after the European Bank of Reconstruction and Development stated that recent political events in Turkey negatively impacted the economy and Turkey’s reserves. In Turkey there is no data set for release today. In the US, Building Permits for April (1.45.0 mln exp) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 16/05/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 16/05/2025

Support & Resistance Level Explanation
Resistance 2 38.9426 Daily R2
Resistance 1 38.9011 Daily R1
Support 1 38.7907 Daily S1
Support 2 38.7492 Daily S2

USDTRY Indicator Table - 16/05/2025

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 - 16/05/2025

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

USDTRY 16/05/2025 - Reference Price : 38.8459

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
Share It With Your Network
US Dollar - Turkish Lira Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now