Şimşek: Inflation Rise Temporary, Disinflation to Continue
📊 EURTRY — Piyasa Yorumu
▲ up · 60%EUR/TRY maintains its short-term uptrend. The RSI is at 60, not approaching overbought territory, while the MACD is above the signal line and in positive territory. The price is trading above both the 20-day and 50-day moving averages. The news headline provides a positive signal that inflation is temporary and disinflation will continue. However, caution is warranted due to high volatility and geopolitical risks.
📊 USDTRY — Piyasa Yorumu
▲ up · 60%USDTRY is trading at 45.366, staying above both the 20-day SMA (45.348) and the 50-day SMA (45.286). The RSI at 55.2 indicates a slight bullish bias in neutral territory, while the MACD remains below the signal line. Although the headline delivers a positive message that inflation is temporary and disinflation will continue, such statements are unlikely to provide direct support to the Turkish lira in the short term. Technically, the uptrend remains intact, but with weak momentum, any upward movement is expected to be limited.