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

EU Session Analysis for CFD Instruments 07/04/2025

Fundamental analysis

07 April, 2025

The US Dollar inched higher against the Turkish Lira during the Asian session above 38.00 levels.

The USD/TRY increased slightly in the Asian session as fears about high inflation were matched by worries about the potential impact a global trade war could have upon the Turkish economy. In Turkey, Trade Balance for March (-7.77 bln last month) will be posted today (08:00 GMT+1). In the US, CB Employment Trend Index data for March (108.56 last month) will be posted (15:00 GMT+1).

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 07/04/2025
Time Frame: 1 hour

USDTRY Support & Resistance Table - 07/04/2025

Support & Resistance Level Explanation
Resistance 2 38.1558 Daily R2
Resistance 1 38.0907 Daily R1
Support 1 37.9174 Daily S1
Support 2 37.8524 Daily S2

USDTRY Indicator Table - 07/04/2025

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 - 07/04/2025

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

USDTRY 07/04/2025 - Reference Price : 38.0041

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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