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. 70.91% 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 28/04/2025

Fundamental analysis

28 April, 2025

The US Dollar rose against the Turkish Lira during the European session, trading above 38.4300 levels.
The USD/TRY volatile currency pair traded higher in the European session, as monetary instability and inflation still persist in the country. In Turkey, there are no scheduled data releases today. In the US, Dallas FED Mfg Business Index for April (-16.3 last month) will be released (15:30 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 28/04/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 28/04/2025

Support & Resistance Level Explanation
Resistance 2 38.5398 Daily R2
Resistance 1 38.4999 Daily R1
Support 1 38.3936 Daily S1
Support 2 38.3537 Daily S2

USDTRY Indicator Table - 28/04/2025

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 - 28/04/2025

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

USDTRY 28/04/2025 - Reference Price : 38.4468

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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