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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 23/06/2025

Fundamental analysis

23 June, 2025

The US Dollar increased against the Turkish Lira during the Asian session above 39.70 levels.
The USD/TRY currency pair posted a fresh two month peak in the Asian session amid rising tensions in the Middle East as traders assess the potential economic and geopolitical impact for Turkey. In Turkey, there are no scheduled data releases today. In the US, Manufacturing PMI (52.0 last month) and Services PMI data for June (53.7 last month) will be released (14:45 GMT+1) and Existing Home Sales data for May (3.95 mln exp) will be posted.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 23/06/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 23/06/2025

Support & Resistance Level Explanation
Resistance 2 39.8800 Daily R2
Resistance 1 39.8253 Daily R1
Support 1 39.6795 Daily S1
Support 2 39.6248 Daily S2

USDTRY Indicator Table - 23/06/2025

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 - 23/06/2025

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

USDTRY 23/06/2025 - Reference Price : 39.7524

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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