Ana Döviz Çiftlerine Analitik Bakış 2025.10.22

The EUR/USD currency pair

Döviz çiftinin teknik göstergeleri:

• Öncekini Aç: 1.1640
• Öncekini Kapat: 1.1598
• Son güne göre % değişim: -0.36 %

In the money markets, traders have increased their bets on the Federal Reserve easing monetary policy, fully pricing in two Fed rate cuts before the end of the year. Given that the ECB does not plan to cut rates further this year, the interest rate differential on the euro side is medium-term. Bank analysts see the euro trading in the range of 1.18-1.20 by the end of the year.

İşlem önerileri

• Destek seviyeleri: 1.1600, 1.1543
• Direnç seviyeleri: 1.1638, 1.1667, 1.1686, 1.1728

The hourly trend for EUR/USD is bullish. The price reached the support level of 1.1600, and after testing liquidity below, buyers took the initiative. Intraday, traders can look for buy trades with a target of 1.1637 and above. There are currently no optimal entry points for selling.

Alternatif senaryo:

If the price breaks below the 1.1543 support and consolidates, a bearish trend will likely resume.

The GBP/USD currency pair

Döviz çiftinin teknik göstergeleri:

• Öncekini Aç: 1.3402
• Öncekini Kapat: 1.3368
• Son güne göre % değişim: -0.25 %

The British pound fell to its lowest level in a week after data showed that the UK government borrowed £7.2 billion more than forecast in the first half of the fiscal year, highlighting the difficult budgetary challenge facing Chancellor Rachel Reeves ahead of the November 26 budget presentation. Economists warn that borrowing could reach 5% of GDP this year, complicating budget plans and undermining investor confidence.

İşlem önerileri

• Destek seviyeleri: 1.3371, 1.3335, 1.3281
• Direnç seviyeleri: 1.3398, 1.3453, 1.3486

Technically, the trend remains bullish. The pound reached the support level of 1.3371, where buyers became active. On intraday time frames, you can look for buy trades. But keep in mind that volatility on the pound is noticeably decreasing as the date of the country’s budget release approaches. For sell deals, traders can consider the resistance level of 1.3398, but only with confirmation.

Alternatif senaryo:

if the price breaks through the support level of 1.3253 and consolidates below it, the downtrend will likely resume.

The USD/JPY currency pair

Döviz çiftinin teknik göstergeleri:

• Öncekini Aç: 150.67
• Öncekini Kapat: 151.92
• Son güne göre % değişim: +0.82 %

Markets are now pricing in expectations that the new Takai administration will pursue expansionary fiscal policies, including increased government spending and a possible reduction in consumption tax, in order to support growth and counteract the impact of inflation on households. This means that the Bank of Japan will now maintain a cautious stance on tightening monetary policy, and analysts are postponing forecasts for the next rate hike until 2026. The focus remains on whether the Bank of Japan will continue to allow gradual adjustments to its yield curve control system while supporting growth momentum.

İşlem önerileri

• Destek seviyeleri: 151.45, 150.15, 149.75
• Direnç seviyeleri: 152.15, 153.28, 154.80

The medium-term trend is bullish. The price reached the resistance level of 152.15, where sellers reacted. At the same time, buyers built a new support level of 151.45. The price is likely to trade in the range between these levels until there is more clarity regarding the Bank of Japan’s plans under the new prime minister. The intraday bias remains with buyers. Therefore, a breakout of 152.15 could lead to further price growth to 153.28.

Alternatif senaryo:

if the price breaks below 149.75 and consolidates lower, a bearish trend will likely resume.

The XAU/USD currency pair (gold)

Döviz çiftinin teknik göstergeleri:

• Öncekini Aç: 4378
• Öncekini Kapat: 4109
• Son güne göre % değişim: -6.57%

Gold prices fell sharply on Tuesday by more than -6.5%, showing the strongest daily decline since April 2013. The decline came amid active profit-taking and a strengthening US dollar, while demand for safe-haven assets declined due to improved global sentiment. Additional pressure on the market came from the end of the active gold buying season in India, which reduced physical demand.

İşlem önerileri

• Destek seviyeleri: 4090, 4050, 4000, 3946
• Direnç seviyeleri: 4162, 4184, 4270, 4379, 4400

Technically, the medium-term trend is bullish. Gold fell sharply yesterday amid profit-taking. The correction had been brewing for a long time, as liquidity had narrowed in the last two weeks, leading to increased volatility. In the medium term, the yellow metal remains in an upward trend. Yesterday, the price tested the liquidity pocket below 4090 and 4050, after which it closed higher. Today, we can expect a slight increase to the 4162-4184 zone, where sellers may try to push the price down. Consolidation above 4184 could trigger a new impulse in price growth.

Alternatif senaryo:

if the price breaks below support at 3946 and consolidates, a bearish trend will likely resume.