USDTRY

The USD/TRY pair draws attention as the Turkish Lira shows poor performance, alongside the general weakness of emerging market currencies against the US Dollar. Uncertainties in global markets and tariff ambiguities imposed by the US on some countries cause fluctuations in emerging market currencies. Additionally, developments in the artificial intelligence sector in China and mixed trends in Asian markets indicate the impact of various dynamics in the markets. In this environment, the USD/TRY is trading at the 35.68 level as of the time the analysis was prepared.

From a technical perspective, the USD/TRY pair moves within a 4-hour chart. In the case of an upward movement, the levels of 35.71, 35.77, and 35.84 can be monitored as resistance. Conversely, 35.59, 35.54, and 35.448 levels emerge as support. The RSI indicator is near the 50 level and exhibits a neutral outlook. The intraday percentage change of the pair shows a slightly positive tendency at 0.09%, but the tendency to get trapped between the levels of 35.48 and 35.84 may persist.