USD/TRY

- TRY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDTRY
ISIN:

USD/TRY - 1H - Technical analysis published on 02/06/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 35.9583 TRY

My targets

35.8160 TRY (-0.0960)

35.7496 TRY (-0.1624)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on USD/TRY as long as the price remains well below 35.9583 TRY. The next bearish objective for sellers is set at 35.8160 TRY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 35.7496 TRY. In case of crossing, the next objective would be the support located at 35.6205 TRY.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

1.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The USD/TRY rating is 35.9120 TRY. The price is lower by -0.01% since the last closing and was between 35.9080 TRY and 35.9180 TRY. This implies that the price is at +0.01% from its lowest and at -0.02% from its highest.

35.9080

35.9180

35.9120

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of USD/TRY indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	35.7496	35.8160	35.8918	35.9120	35.9583	36.0300
Change (%)	-0.45%	-0.27%	-0.06%	-	+0.13%	+0.33%
Change	-0.1624	-0.0960	-0.0202	-	+0.0463	+0.1180
Level	Intermediate	Minor	Intermediate	-	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.7782	35.8299	35.8728	35.9245	35.9674	36.0191	36.0620
Camarilla	35.8897	35.8984	35.9070	35.9157	35.9244	35.9330	35.9417
Woodie	35.7738	35.8277	35.8684	35.9223	35.9630	36.0169	36.0576
Fibonacci	35.8299	35.8660	35.8884	35.9245	35.9606	35.9830	36.0191

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.8622	35.1132	35.3669	35.6179	35.8716	36.1226	36.3763
Camarilla	35.4817	35.5280	35.5742	35.6205	35.6668	35.7130	35.7593
Woodie	34.8635	35.1139	35.3682	35.6186	35.8729	36.1233	36.3776
Fibonacci	35.1132	35.3060	35.4251	35.6179	35.8107	35.9298	36.1226

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.5203	34.8398	35.2301	35.5496	35.9399	36.2594	36.6497
Camarilla	35.4253	35.4904	35.5554	35.6205	35.6856	35.7506	35.8157
Woodie	34.5558	34.8575	35.2656	35.5673	35.9754	36.2771	36.6852
Fibonacci	34.8398	35.1109	35.2784	35.5496	35.8207	35.9882	36.2594

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	43.45
MACD (12,26,9):	-0.0086
Directional Movement:	-7.0416
AROON (14):	-64.2857
DEMA (21):	35.9056
Parabolic SAR (0,02-0,02-0,2):	35.9170
Elder Ray (13):	-0.0011
Super Trend (3,10):	35.9539
Zig ZAG (10):	35.9112
VORTEX (21):	0.9500
Stochastique (14,3,5):	41.80
TEMA (21):	35.9036
Williams %R (14):	-51.33
Chande Momentum Oscillator (20):	0.0141
Repulse (5,40,3):	0.0133
ROCnROLL:	2
TRIX (15,9):	-0.0045
Courbe Coppock:	0.07

MA7:	35.8675
MA20:	35.6848
MA50:	35.2966
MA100:	34.7972
MAexp7:	35.9116
MAexp20:	35.9181
MAexp50:	35.9274
MAexp100:	35.9077
Price / MA7:	+0.12%
Price / MA20:	+0.64%
Price / MA50:	+1.74%
Price / MA100:	+3.20%
Price / MAexp7:	+0.00%
Price / MAexp20:	-0.02%
Price / MAexp50:	-0.04%
Price / MAexp100:	+0.01%

Quotes : - Real time data - Forex

News

The latest news and videos published on USD/TRY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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