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 04/06/2025

Fundamental analysis

04 June, 2025

The US Dollar increased against the Turkish Lira during the Asian session above 39.10 levels.
The USD/TRY currency pair resumed its upward course in the Asian session following yesterday’s slightly lower than expected Turkish inflation figures. In Turkey, there are no scheduled data releases today. In the US, ADP Nonfarm Employment data for May (111k exp) will be posted (13:15 GMT+1), US S&P Global Services PMI for May (52.3 exp) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for May (52.1 exp) will be released (15:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 04/06/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 04/06/2025

Support & Resistance Level Explanation
Resistance 2 39.2707 Daily R2
Resistance 1 39.2108 Daily R1
Support 1 39.0510 Daily S1
Support 2 38.9911 Daily S2

USDTRY Indicator Table - 04/06/2025

Indicator Signal
SMA 20 Sell
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDTRY Indicator / Period Table - 04/06/2025

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

USDTRY 04/06/2025 - Reference Price : 39.1309

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Turkish Lira Chart
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