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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% 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 16/03/2026

Fundamental analysis

16 March, 2026

The US Dollar increased against the Turkish Lira during the Asian session above 44.10 levels.
The USD/TRY currency pair inched upwards in the Asian session and remained close to Friday’s all time high as Turkey continued to count the potential economic and geopolitical cost of the impact of the ongoing Middle East war. In Turkey, Budget Balance data for February (-214.50 bln last month) will be released (08:00 GMT). In the US, NY Empire State Manufacturing Index data for March (7.10 last month) will be posted (12:30 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 16/03/2026
Time Frame: 1 hour

USDTRY Support & Resistance Table - 16/03/2026

Support & Resistance Level Explanation
Resistance 2 44.2569 Daily R2
Resistance 1 44.2259 Daily R1
Support 1 44.1432 Daily S1
Support 2 44.1122 Daily S2

USDTRY Indicator Table - 16/03/2026

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 - 16/03/2026

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

USDTRY 16/03/2026 - Reference Price : 44.1846

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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