Dollar/TL Hits Record High

The Dollar/TL pair has reached a historic peak, confirming the continuation of its upward trend. The RSI at 59.7 has not yet entered overbought territory, indicating further upside potential. The MACD line remains above the signal line and in positive territory, reflecting strong short-term momentum. The price is trading above both the 20-day and 50-day moving averages, supporting the bullish outlook. However, profit-taking at record levels may limit the pace of further gains.

GOOGL shares closed at $352.53, trading below both its 20-day ($355.56) and 50-day ($359.83) moving averages. While the RSI at 36.4 approaches oversold territory, the MACD line remains below the signal line with negative readings, indicating sustained short-term bearish momentum. The Turkish lira's historic high against the dollar could create outflows from emerging markets and reduce risk appetite, potentially adding pressure on US tech stocks like GOOGL. The recent 1.7% decline over the past 24 hours may deepen under the influence of this macroeconomic news. However, the RSI nearing oversold levels keeps the possibility of a short-term bounce alive.