USDTRY

The USD/TRY pair is trading close to the 35.75 level as the Turkish Lira loses value amid a general weakness of emerging market currencies against the US Dollar. Discussions over costs among AI companies in the US and Trump's statements on universal tariffs have led to gains in the dollar index. These developments contribute to the strengthening of the US Dollar in global markets. Meanwhile, economic data such as the decline in durable goods orders from the US and the negative outlook of the consumer confidence index continue to draw market attention.

Technically, the USD/TRY pair is finding support at the levels of 35.71, 35.66, and 35.59. In upward movements, resistance levels could be observed at 35.80, 35.87, and 35.90. The RSI indicator is at the 60 level, indicating a positive outlook. The pair has shown a 0.06% change compared to the previous day. As long as it stays above 35.54, which is the lower point of the Envelope indicator, upward movements may continue. However, a tendency to remain compressed between 35.54 and 35.90 could also be observed.