{"id":47563,"date":"2026-05-28T09:59:10","date_gmt":"2026-05-28T09:59:10","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/usd-jpy-faiz-farkinin-destegiyle-temkinli-bir-sekilde-160a-dogru-yukselisini-surdurerek-ikinci-gunde-de-tirmandi\/"},"modified":"2026-05-28T09:59:10","modified_gmt":"2026-05-28T09:59:10","slug":"usd-jpy-faiz-farkinin-destegiyle-temkinli-bir-sekilde-160a-dogru-yukselisini-surdurerek-ikinci-gunde-de-tirmandi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/usd-jpy-faiz-farkinin-destegiyle-temkinli-bir-sekilde-160a-dogru-yukselisini-surdurerek-ikinci-gunde-de-tirmandi\/","title":{"rendered":"USD\/JPY, faiz fark\u0131n\u0131n deste\u011fiyle temkinli bir \u015fekilde 160\u2019a do\u011fru y\u00fckseli\u015fini s\u00fcrd\u00fcrerek ikinci g\u00fcnde de t\u0131rmand\u0131"},"content":{"rendered":"

USD\/JPY \u00fcst \u00fcste ikinci g\u00fcnl\u00fck y\u00fckseli\u015fini kaydederek %0,14 art\u0131\u015fla 159,51\u2019de kapand\u0131. K\u0131sa vadede g\u00f6r\u00fcn\u00fcm yukar\u0131 y\u00f6nl\u00fc kalmaya devam ediyor. 159,70\u2019in \u00fczerine \u00e7\u0131k\u0131\u015f m\u00fcmk\u00fcn g\u00f6r\u00fclse de 159,95 seviyesindeki **direncin** (fiyat\u0131n y\u00fckselirken zorland\u0131\u011f\u0131 seviye) \u015fimdilik test edilmesi d\u00fc\u015f\u00fck olas\u0131l\u0131k olarak de\u011ferlendiriliyor. **Destek** (fiyat d\u00fc\u015ferken tutunabildi\u011fi seviye) 159,35\u2019te. 159,20\u2019nin alt\u0131na ini\u015f, mevcut yukar\u0131 y\u00f6nl\u00fc bask\u0131n\u0131n zay\u0131flad\u0131\u011f\u0131na i\u015faret eder.<\/p>\n

Bir ila \u00fc\u00e7 haftal\u0131k vadede parite, ay ortas\u0131ndan bu yana s\u00fcren pozitif e\u011filimini koruyor; ancak **momentum** (y\u00fckseli\u015f h\u0131z\u0131n\u0131n g\u00fcc\u00fc) zay\u0131f. 21 May\u0131s\u2019ta kur 158,85 iken 158,40 \u201cg\u00fc\u00e7l\u00fc destek\u201d olarak not edilmi\u015fti; buran\u0131n alt\u0131na sarkmas\u0131 g\u00f6r\u00fcn\u00fcm\u00fc n\u00f6trle\u015ftirecekti. Kur 158,40\u2019\u0131n \u00fczerinde kald\u0131 ve son iki g\u00fcnde y\u00fckseldi. \u201cG\u00fc\u00e7l\u00fc destek\u201d seviyesi \u015fimdi 159,00\u2019a ta\u015f\u0131nm\u0131\u015f durumda; 159,95\u2019e ula\u015fma ihtimali ise belirsiz.<\/p>\n

USD\/JPY \u0130\u00e7in S\u00fcr\u00fcc\u00fcler ve G\u00f6r\u00fcn\u00fcm<\/h3>\n

ABD dolar\u0131n\u0131n yen kar\u015f\u0131s\u0131nda kademeli y\u00fckseli\u015fini s\u00fcrd\u00fcrmesini, 159,95\u2019e giden yolun da a\u00e7\u0131k kalmas\u0131n\u0131 bekliyoruz. Ana neden, ABD Merkez Bankas\u0131 (Fed) ile Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) belirledi\u011fi **faiz oranlar\u0131** aras\u0131ndaki b\u00fcy\u00fck fark. Bu temel fark, dolarda **uzun pozisyon** (fiyat y\u00fckseli\u015finden kazan\u00e7 hedefleyen pozisyon) stratejisini destekliyor.<\/p>\n

Y\u00fckseli\u015fin yava\u015f olmas\u0131 nedeniyle, **k\u0131sa vadeli al\u0131m opsiyonu (call)** almak d\u00fc\u015f\u00fcn\u00fclebilir. **Kullan\u0131m fiyat\u0131 (strike)** yakla\u015f\u0131k 159,75 olan call opsiyonlar\u0131, olas\u0131 bir yukar\u0131 hareketten faydalanmay\u0131 sa\u011flar ve kur y\u00fckselmezse riski \u00f6denen primle s\u0131n\u0131rlar. Opsiyonlar\u0131n **primi** (opsiyonun maliyeti) g\u00f6rece d\u00fc\u015f\u00fck; bu da piyasan\u0131n temkinli duru\u015funu yans\u0131t\u0131yor.<\/p>\n

Bununla birlikte 160,00 seviyesine yakla\u015f\u0131rken **m\u00fcdahale riski**ne (yetkililerin piyasaya d\u00f6viz al\u0131m-sat\u0131m\u0131yla y\u00f6n verme ihtimali) dikkat etmek gerekiyor. Bu seviye, ge\u00e7mi\u015fte ve \u00f6zellikle 2024\u2019te hassas bir b\u00f6lgeydi. Resmi ad\u0131mlar\u0131n tetikleyebilece\u011fi ani bir yen de\u011ferlenmesine kar\u015f\u0131, **para d\u0131\u015f\u0131 (out-of-the-money) sat\u0131m opsiyonlar\u0131 (put)** ta\u015f\u0131mak koruyucu olabilir. Bu putlar, sert ve beklenmedik bir d\u00f6n\u00fc\u015fe kar\u015f\u0131 \u201csigorta\u201d g\u00f6revi g\u00f6r\u00fcr.<\/p>\n

Son Ekonomik Veriler ve Strateji Notlar\u0131<\/h3>\n

Son veriler bu temkinli ama pozitif tabloyu destekliyor. Ge\u00e7en hafta a\u00e7\u0131klanan ABD enflasyonu %3,1 ile beklentinin biraz \u00fczerinde geldi; bu da Fed\u2019in yak\u0131n vadede **faiz indirimi** sinyali vermesini zorla\u015ft\u0131r\u0131yor. Buna kar\u015f\u0131l\u0131k Japonya\u2019n\u0131n 1. \u00e7eyrek **GSYH**\u2019si (ekonominin toplam \u00fcretimi) hafif daralma g\u00f6sterdi; bu da BoJ\u2019un politikay\u0131 h\u0131zl\u0131 \u015fekilde **s\u0131k\u0131la\u015ft\u0131rmas\u0131** (faiz art\u0131r\u0131m\u0131 gibi ad\u0131mlarla finansal ko\u015fullar\u0131 zorla\u015ft\u0131rmas\u0131) i\u00e7in g\u00fc\u00e7l\u00fc bir gerek\u00e7e olu\u015fturmuyor.<\/p>\n

Yukar\u0131 y\u00f6nl\u00fc hareketten faydalan\u0131rken maliyeti s\u0131n\u0131rlamak isteyenler i\u00e7in **y\u00fckseli\u015f y\u00f6nl\u00fc call spread** uygun olabilir. Bu stratejide daha d\u00fc\u015f\u00fck kullan\u0131m fiyatl\u0131 (\u00f6r. 159,50) bir call al\u0131n\u0131r, ayn\u0131 anda daha y\u00fcksek kullan\u0131m fiyatl\u0131 (\u00f6r. 160,00) ba\u015fka bir call sat\u0131l\u0131r. Bu pozisyon USD\/JPY\u2019de s\u0131n\u0131rl\u0131 bir y\u00fckseli\u015ften kazan\u00e7 sa\u011flar; ancak getiriyi \u00fcst seviyede s\u0131n\u0131rlar. Bu da y\u00fckseli\u015f h\u0131z\u0131n\u0131n zay\u0131flad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcyle uyumludur.<\/p>\n","protected":false},"excerpt":{"rendered":"

USD\/JPY\u2019de y\u00fckseli\u015f ikinci g\u00fcne ta\u015f\u0131nd\u0131: 159,51. K\u0131sa vade pozitif; 159,70 \u00fcst\u00fc olas\u0131, 159,95 diren\u00e7 zor. 159,20 alt\u0131 uyar\u0131. Faiz fark\u0131 dolar lehine; 160,00\u2019da m\u00fcdahale riski, opsiyonla korunma.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-47563","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=47563"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}