Central Bank Announces September Interest Rate Decision

SON stock fell 7.6% in 24 hours to 48.4 TL, with RSI at 25.5 indicating oversold conditions and MACD generating a negative signal. If the Central Bank's interest rate decision aligns with market expectations, the direct impact of the news may be limited; however, the high interest rate environment could continue to pressure the stock. Although oversold conditions increase the likelihood of a short-term rebound, the trend remains weak. As the news content is unclear, the direction is uncertain; therefore, I maintain a neutral assessment. In the 1-3 day outlook, the 48 TL support is critical; if broken, the decline could accelerate.

The EURTRY pair is moving sideways at 56.506 in the last close. The RSI is at 49.9, in neutral territory, slightly below the MACD signal line, and the SMA20 and SMA50 are very close to each other; this indicates no clear trend. If the central bank interest rate decision headline is in line with market expectations, a limited reaction is expected; however, the details of the decision (a surprise rate change or guidance) are not yet known. In the short term, consolidation around 56.50 is possible, and additional confirmation is needed for direction. Therefore, the 1-3 day outlook is neutral.