USDTRY

The USD/TRY pair draws attention with the Turkish Lira's weak performance during a period when emerging market currencies diverge against the US Dollar in global markets. The decisions related to US import tariffs and the increase in the dollar index due to tariffs on China increase the pressure on the Turkish Lira. On the other hand, the January inflation data to be announced in Turkey is expected to show a slowdown on an annual basis in line with market expectations, which could bring possible changes to the CBRT's interest rate policies into discussion.

From a technical perspective, the USD/TRY pair is testing support levels at 35.95, 35.86, and 35.8. In upward movements, resistance levels monitored are 36.01, 36.06, and 36.12. At the time of analysis, the pair is at 35.97536, showing a 0.15% increase. The RSI indicator presents a neutral outlook. As long as the pair remains above the 35.76 level of the Envelope indicator, optimism might be maintained. On the other hand, if it manages to remain above the 36.12 level, the likelihood of the upward trend continuing could strengthen.