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Market Overview The EUR/TRY pair closed at 50.25338 on January 16, 2026, marking a slight increase of 0.03% from the previous close and continuing its uptrend over the past 30 days with a 0.14% gain. The pair remains above its 20-day moving average of 50.20 and the 50-day average of 50.24, while the 200-day average is not specified. The RSI indicates moderate momentum, supporting the ongoing upward trend. Immediate support is near 50.10, with resistance around 50.50. Market participants are closely watching upcoming Turkish inflation data and Eurozone economic releases, which could influence price action. Last Updated 1/29/26. For information only.

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.