
Technical analysis of USD/TRY (forex) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
USD/TRY is a currency pair that represents the exchange rate between the United States dollar and the Turkish lira. This financial instrument is quoted on forex markets and reflects the relative value of the two currencies in international markets.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
48.04 $
+0.80%
50 sessions
47.54 $
+1.87%
200 sessions
45.14 $
+7.29%
s2
48.29
Support
s1
48.30
Support
pivot
48.31
Pivot
r1
48.33
Resistance
r2
48.34
Resistance
In the September 3, 2026 session USD/TRY closed higher at 48.43 $, +0.24% versus the previous session.
The price sits above every moving average observed: +0.80% against the 21-session average, +1.87% against the 50 and +7.29% against the 200.
The 14-period RSI reads 85.7, in overbought territory.
MACD stands at 0.236 against a signal line at 0.236: the histogram is positive (+0.001).
ADX reads 67.8, indicating a marked directionality.
Levels computed on the latest session place supports at 48.30 and 48.29 $ and resistances at 48.33 and 48.34 $, around a pivot of 48.31.
The average daily range (ATR) is 0.075 $, or 0.16% of price.
Over the last twelve months the price ranged between 44.32 and 48.44 $, and today stands −0.03% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is USD/TRY analysed technically?
Technical analysis of USD/TRY is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for USD/TRY?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to USD/TRY?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to USD/TRY it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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