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Market Overview
The USD/TRY closed at 42.41414 on December 2, 2025, slightly down by 0.01% from the previous close of 42.42044, continuing its established downtrend with a 30-day return of -3.90%. The pair remains below the 20-day and 50-day moving averages, which stand at 42.4446 and approximately 42.42 respectively, while the 200-day moving average is higher, indicating longer-term resistance. The RSI suggests moderate bearish momentum. Key support is near 41.88, with resistance around 42.48. No major economic events are scheduled imminently, but ongoing geopolitical and monetary policy developments in Turkey may influence price action. For information only.
Last Updated 12/4/25

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.