Today's USD to TRY Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and Turkish Lira (TRY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Turkish Lira (TRY) is Turkey’s primary legal tender. The exchange rate between them reflects market conditions in currency markets and investor sentiment regarding both currencies’ relative valuations.

Today’s Price

• 1 USD = 43.10 TRY
• 24h High: 43.18 TRY
• 24h Low: 43.02 TRY

Market Analysis

The USD/TRY pair has maintained relative stability in recent trading, with the U.S. Dollar climbing to fresh record levels against the Turkish Lira during recent sessions.

• Technical levels: Key support identified at 43.03 TRY and 42.69 TRY, resistance at 86.15 TRY
• Moving averages: The 5-day MA at 43.05 and 50-day MA at 43.04 suggest bullish momentum; technical indicators including MACD (0.003) and daily signals indicate a “Strong Buy” outlook
• Trading opportunities: Accumulated volume support at 42.69 TRY may present a potential buying opportunity for traders

Conclusion

Continue to monitor the USD/TRY pair closely, integrating technical support and resistance levels with moving average signals. Watch for price action around key support zones to identify potential entry points for trading strategies.