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 31/07/2025

Fundamental analysis

31 July, 2025

The US Dollar edged higher against the Turkish Lira during the Asian session above 40.50 levels.
The USD/TRY currency pair increased as concerns about high inflation and high interest rates continued to plague the Turkish economy In Turkey, Unemployment Rate figures for June (8.4% exp) will be posted (08:00 GMT+1). In Turkey, Net FX Reserves (62.8% previous) will be released (12:30 GMT+1). In the US, Core PCE Price Index data for June (2.7% expected) and Initial Jobless Claims (222k exp) will be released (13:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 31/07/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 31/07/2025

Support & Resistance Level Explanation
Resistance 2 40.7192 Daily R2
Resistance 1 40.6583 Daily R1
Support 1 40.4961 Daily S1
Support 2 40.4353 Daily S2

USDTRY Indicator Table - 31/07/2025

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 - 31/07/2025

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

USDTRY 31/07/2025 - Reference Price : 40.5772

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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