Central Bank of Turkey Holds Policy Rate at 37%

The Central Bank of the Republic of Turkey (TCMB) keeping interest rates unchanged aligns with market expectations, so no sharp movement is expected in the short term. Technical indicators show the RSI at 51, in neutral territory, while the MACD remains slightly below its signal line, indicating weak momentum. The price is trading just below the 20- and 50-day moving averages, reinforcing the likelihood of a sideways trend. Given the combination of news flow and technical picture, USDTRY is likely to remain in a narrow band between 44.90 and 45.00.

The Central Bank of the Republic of Turkey (CBRT) keeping its policy rate unchanged aligns with market expectations, so no sharp movement is anticipated in the short term. On the technical indicators, the RSI is neutral at 50, while the MACD is below zero but approaching its signal line, indicating weak momentum. The price is trapped between the SMA20 and SMA50, giving no clear directional signal. In the near term, EURTRY is likely to continue fluctuating within its current range.

The Central Bank of the Republic of Turkey (CBRT) keeping interest rates unchanged aligns with market expectations, so it may not create a surprise effect in the short term. AKBNK stock closed at TRY 79.25, with an RSI of 39, near the oversold region but not yet signaling a recovery. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The inability to close above the 20-day and 50-day moving averages (TRY 81.17 and TRY 80.22, respectively) may limit upward movement. Therefore, it is difficult to determine a clear direction for the stock, and consolidation at current levels can be expected.

ASELS stock fell 3.7% in the last session to 396.5 TL. The RSI is at 39, indicating weak momentum, while the MACD remains below the signal line and in negative territory. Trading below short-term moving averages (20 and 50-day) further weakens the technical outlook. Although the Central Bank's decision to hold interest rates steady aligns with market expectations, the current technical weakness and selling pressure suggest a high probability of continued short-term decline.