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

EU Session Analysis for CFD Instruments 05/02/2025

Fundamental analysis

05 February, 2025

The US Dollar fell against the Turkish Lira during the Asian session, below 35.950 levels.
The USD/TRY currency pair is trading downward in the Asian session, following a slowdown in the US labor market based on yesterday’s Job Openings data release. In Turkey, no major data releases will be posted today. In the US, ADP Nonfarm Employment Change data for January (148K exp) will be posted today (13:15 GMT).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 05/02/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 05/02/2025

Support & Resistance Level Explanation
Resistance 2 36.0544 Daily R2
Resistance 1 36.0098 Daily R1
Support 1 35.8911 Daily S1
Support 2 35.8466 Daily S2

USDTRY Indicator Table - 05/02/2025

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 - 05/02/2025

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

USDTRY 05/02/2025 - Reference Price : 35.9505

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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