Eur/try Currency Pair Forecast

Buy candidate since Jul 07, 2026 Gain 0.36%

The EUR/TRY currency pair price fell by -0.0787% on the last day (Friday, 10th Jul 2026) from TRY 53.66 to TRY 53.62. During the last trading day the currency pair fluctuated 0.495% from a day low at TRY 53.58 to a day high of TRY 53.85. The price has risen in 6 of the last 10 days and is up by 1.27% over the past 2 weeks. Volume fell on the last day along with the currency pair, which is actually a good sign as volume should follow the currency pair. On the last day, the trading volume fell by -3 thousand shares and in total, 34 thousand shares were bought and sold for approximately TRY 1.81 million.

The currency pair is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect EUR/TRY currency pair with a 90% probability to be traded between TRY 53.71 and TRY 54.84 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and currency pairs seldom manage to go directly from the bottom of a trend up to the top. Currency pairs turning up in the middle of a horizontal trend are therefore considered to be potential runners.

EURTRY Signals & Forecast

The EUR/TRY currency pair holds buy signals from both short and long-term Moving Averages giving a positive forecast for the currency pair. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at TRY 53.51 and TRY 53.35. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 09, 2026, and so far it has fallen -0.0787%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The currency pair had a Golden Star Signal on Tuesday, June 30, 2026 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the currency pair in question.

Support, Risk & Stop-loss for EUR/TRY currency pair

EUR/TRY finds support from accumulated volume at TRY 53.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the currency pair tends to have very controlled movements and with good liquidity the risk is considered very low in this currency pair. During the last day, the currency pair moved TRY 0.265 between high and low, or 0.495%. For the last week the currency pair has had daily average volatility of 1.89%.

Our recommended stop-loss: TRY 51.52 (-3.91%) (This currency pair has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (EURTRY) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect EUR/TRY to open at TRY 53.68, and during the day (based on 14 day Average True Range), to move between TRY 53.12 and TRY 54.13, which gives a possible trading interval of +/-TRY 1.01 (+/-1.90%) up or down from last closing price. If EUR/TRY takes out the full calculated possible swing range there will be an estimated 1.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at TRY 53.66 (0.08%) than the support at TRY 53.38 (0.46%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is EUR/TRY currency pair A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for EUR/TRY currency pair to perform well in the short-term period.

Current score: 1.029 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - TRY 53.68 ( 0.116%).

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