CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 73.43% 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

US Session Analysis for CFD Instruments 21/03/2025

Fundamental analysis

21 March, 2025

The US Dollar rose against the Turkish Lira during the European session, trading above 37.990 levels.
The USD/TRY volatile currency pair rose in the European session, following the arrest of Istanbul's Mayor Imamoglu. In Turkey, Consumer Confidence data for March was posted with data being higher than the previous month (85.9 this month vs 82.1 previous month). In the US, FOMC member Williams will speak (13:05 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 21/03/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 21/03/2025

Support & Resistance Level Explanation
Resistance 2 38.7316 Daily R2
Resistance 1 38.4172 Daily R1
Support 1 37.5788 Daily S1
Support 2 37.2644 Daily S2

USDTRY Indicator Table - 21/03/2025

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Neutral
Stochastic ( 9;6;3) Buy

USDTRY Indicator / Period Table - 21/03/2025

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

USDTRY 21/03/2025 - Reference Price : 38.0024

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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US Dollar - Turkish Lira Chart
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