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 10/07/2025

Fundamental analysis

10 July, 2025

The US Dollar climbed against the Turkish Lira during the Asian session above 40.00 levels.

The USD/TRY currency pair remained close to a three month high in the Asian session as Turkey raised the withholding tax on short term Turkish lira deposits by 2.5% in an attempt to support the lira. In Turkey, Industrial Production figures for May (3.3% exp) will be released (08:00 GMT+1). In the US, Initial Jobless Claims data (236k exp) will be published (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 10/07/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 10/07/2025

Support & Resistance Level Explanation
Resistance 2 40.1352 Daily R2
Resistance 1 40.0898 Daily R1
Support 1 39.9688 Daily S1
Support 2 39.9234 Daily S2

USDTRY Indicator Table - 10/07/2025

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 - 10/07/2025

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

USDTRY 10/07/2025 - Reference Price : 40.0183

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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