USD/TRY Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price above the 20-day average
- Daily RSI 74, positive momentum
- Daily MACD above its signal line
- 5-day up 0.5%
- Daily view is bullish
- Price above the 50-day average
- 20-day average above the 50-day
- 20-day up 1.8%
- Daily MACD above zero
- Price above the 40-week average
- 10-week average above the 40-week
- 6-month up 10.7%
- Weekly MACD above its signal line
- Weekly RSI 97, positive momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
USD/TRY: Target level as a potential turning point
Our preference
Above 49.71175, look for a move towards 49.92198.
Alternative scenario
Below 49.71175, expect 49.63635 and 49.59147.
Comment
Price is approaching our first target at 49.92198, which may trigger a pullback; a clear break above it would open the way to 49.96691. RSI is at 61 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 50.01185 |
| Resistance 2 | 49.96691 |
| Resistance 1 | 49.92198 |
| Price | 49.83715 |
| Pivot | 49.71175 |
| Support 2 | 49.63635 |
| Support 3 | 49.59147 |
USD/TRY: Target level as a potential turning point
Our preference
Above 48.51857, look for a move towards 49.81099.
Alternative scenario
Below 48.51857, expect 47.96172 and 47.63025.
Comment
Price is approaching our first target at 49.81099, which may trigger a pullback; a clear break above it would open the way to 50.14373. RSI is at 74 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 50.47648 |
| Resistance 2 | 50.14373 |
| Resistance 1 | 49.81099 |
| Price | 49.83715 |
| Pivot | 48.51857 |
| Support 2 | 47.96172 |
| Support 3 | 47.63025 |
AI market story
Updated 2026-10-28 09:48 UTC+8Lira keeps sliding as bullish momentum holds
USD/TRY trades at 49.83285, up 0.22% in a day, 0.51% in five days and 1.79% in twenty days, above the 20-day average of 49.41762 and 50-day of 48.84422. Daily RSI sits at 74, MACD is above its signal with a third day of widening bars, and the upper Bollinger band at 49.92566 is close.
Price journey: up or down lately?
It has been rising. The pair gained 0.22% in a day, 0.51% in five days and 1.79% in twenty days, with the price at 49.83285 near the twenty-day high of 49.83210, a slow grind higher.
Trend: which way is the bigger picture pointing?
The bigger direction is up. Price holds above the 20-day average of 49.41762 and the 50-day of 48.84422, and short, medium and long-term technicals all lean bullish, with 48.51857 the daily pivot that keeps the upside valid.
Momentum: gaining or losing strength?
Momentum is strengthening. Daily RSI rose from 73 five days ago to 74, MACD stays above its signal and the histogram has widened for three sessions, though RSI is already elevated, so chasing highs carries risk.
Key levels: which prices matter next?
Watch the upper Bollinger band at 49.92566 and the intraday targets of 49.92198 and 49.96691 as overhead supply. Below, hold the intraday pivot at 49.71175, then the first reversal level at 49.63635, with 48.51857 the larger daily pivot.
FOMC and core PCE back-to-back lift lira volatility
The next focus is the FOMC decision at 02:00 on 10-29, with the lower bound seen at 3.75 and upper at 4; the past 21 releases averaged 1945.1 points over four hours, max 5748.0, with 81% closing higher. Core PCE at 20:30, expected 0.3, averaged 1455.8 points across 32 releases.
What is coming up on the calendar?
In order: the FOMC lower and upper bound decisions at 02:00 on 10-29, expected at 3.75 and 4; Google's and Microsoft's Q3 calls at 04:30 and 05:00; then at 20:30 the September core PCE month-on-month at 0.3 expected versus 0.2 prior, plus Q3 annualized GDP at 3 expected versus 2.2 prior.
How much do these events usually move the price?
Four hours after FOMC, the past 21 releases averaged 1945.1 points, max 5748.0, about 1.1 times normal, with 81% closing higher. Core PCE averaged 1455.8 points, max 3555.8, about 1.0 times normal, with 19% closing higher; GDP averaged 1361.2 points, max 2338.3, about 0.9 times normal.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
USD/TRY is above its daily long trailing stop. Long positions can reference 49.20250 (1.29% away); it only moves up. A daily close below 49.20250 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is above the 20- and 50-day moving averages, a constructive medium-term structure.
- Daily RSI is 74, in overbought territory; pullbacks are more likely after strong runs.
- Daily MACD is above its signal line; daily momentum is up.
- Price is inside the daily Bollinger Bands (48.90908 to 49.92659).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing IndexAfter 32 past releases, USD/TRY moved 957.9 pips on average in 4 hours · max 1976.0 pips | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence IndexAfter 33 past releases, USD/TRY moved 974.1 pips on average in 4 hours · max 2322.0 pips | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) HighAfter 21 past releases, USD/TRY moved 1945.1 pips on average in 4 hours · max 5748.0 pips | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) HighAfter 21 past releases, USD/TRY moved 1945.1 pips on average in 4 hours · max 5748.0 pips | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM HighAfter 32 past releases, USD/TRY moved 1455.8 pips on average in 4 hours · max 3555.8 pips | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim HighAfter 32 past releases, USD/TRY moved 1361.2 pips on average in 4 hours · max 2338.3 pips | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for USD/TRY
None of the financial news we collected in the last 7 days mentioned USD/TRY directly.
Trade signals for USD/TRY
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for USD/TRY.
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for USD/TRY.
Chart patterns in play for USD/TRY
No active 15-minute to 4-hour patterns for USD/TRY right now.
FAQ
Where are USD/TRY support and resistance levels today?
Intraday resistance: 49.92198, 49.96691, 50.01185. Support: 49.71175, 49.63635, 49.59147. Pivot: 49.71175 (updated Oct 28, 2026 15:09 UTC+8).
Is USD/TRY bullish or bearish now?
Intraday: bullish. Short-term (daily): bullish. Bullish above 49.71175, targeting 49.92198 and then 49.96691.
How has USD/TRY been trading lately?
Lira keeps sliding as bullish momentum holds. USD/TRY trades at 49.83285, up 0.22% in a day, 0.51% in five days and 1.79% in twenty days, above the 20-day average of 49.41762 and 50-day of 48.84422. Daily RSI sits at 74, MACD is above its signal with a third day of widening bars, and the upper Bollinger band at 49.92566 is close.
How do I read the USD/TRY technical score?
Currently short-term bullish, medium-term bullish, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on USD/TRY?
USD/TRY is above its daily long trailing stop. Long positions can reference 49.20250 (1.29% away); it only moves up. A daily close below 49.20250 signals the trend is weakening.
Which economic events matter for USD/TRY next?
FOMC and core PCE back-to-back lift lira volatility. The next focus is the FOMC decision at 02:00 on 10-29, with the lower bound seen at 3.75 and upper at 4; the past 21 releases averaged 1945.1 points over four hours, max 5748.0, with 81% closing higher. Core PCE at 20:30, expected 0.3, averaged 1455.8 points across 32 releases.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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