CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 29/08/2025

Fundamental analysis

29 August, 2025

The US Dollar jumped against the Turkish Lira during the Asian session above 41.10 levels.
The USD/TRY currency pair rose to a record high during the Asian session as geopolitical strains with the US and EU brought further pressure upon the already inflation plagued Lira. In Turkey, there are no data releases today. In the US, Core PCE Price Index figures for July (2.9% exp) and Chicago PMI for August (46.6 exp) will be posted (14:45 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 29/08/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 29/08/2025

Support & Resistance Level Explanation
Resistance 2 41.2403 Daily R2
Resistance 1 41.1989 Daily R1
Support 1 41.0886 Daily S1
Support 2 41.0472 Daily S2

USDTRY Indicator Table - 29/08/2025

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 - 29/08/2025

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

USDTRY 29/08/2025 - Reference Price : 41.1438

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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