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 17/07/2025

Fundamental analysis

17 July, 2025

The US Dollar jumped against the Turkish Lira during the Asian session above 40.20 levels.
The USD/TRY currency pair surged to a near four month high in the Asian session following a report this week from Goldman Sachs that the exchange rate will hit 45 within 12 months. In Turkey, Net FX Reserves (57.47% last month) will be released (13:30 GMT+1). In the US, Retail Sales data for June (0.1% exp), Philadelphia Fed Manufacturing Index for July (-1.2) and Initial Jobless Claims (233k exp) will be posted (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 17/07/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 17/07/2025

Support & Resistance Level Explanation
Resistance 2 40.3722 Daily R2
Resistance 1 40.3129 Daily R1
Support 1 40.1548 Daily S1
Support 2 40.0955 Daily S2

USDTRY Indicator Table - 17/07/2025

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 - 17/07/2025

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

USDTRY 17/07/2025 - Reference Price : 40.2338

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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