Dollar Holds Firm on Safe-Haven Demand Amid Iran-US Tensions

GOOGL shares closed at $344.29, up 3.46%, trading above both the 20-day and 50-day moving averages. The RSI stands at 65, not yet in overbought territory, while the MACD remains positive above its signal line. Although the headline suggests a potential strengthening of the dollar, technology stocks are generally less affected by geopolitical risks, and the current technical structure supports a short-term upward trend. However, a stronger dollar could negatively impact the international revenues of major tech companies, posing a risk of limited upside.

The headline indicates that rising Iran-US tensions have increased demand for safe-haven assets, which could support the DXY in the short term. However, technical indicators paint a weak picture: the RSI is near oversold territory at 35, the MACD is below its signal line, and the price is trading below both the 20-day and 50-day moving averages. A 0.29% decline over the past 24 hours suggests that bullish momentum has yet to materialize. While the news is positive, the weakness in the technical structure is expected to keep any upside limited.

Although USDJPY is approaching oversold territory with an RSI of 37, momentum remains weak. The MACD line is below the signal line and in negative territory, confirming a short-term bearish trend. The price is trading below both the 20-day and 50-day moving averages, indicating a weak technical structure. While the news headline notes that geopolitical tensions are boosting safe-haven demand, a stronger dollar could lift USDJPY; however, current technical indicators weigh more heavily to the downside. Therefore, the likelihood of continued downward movement in the short term is higher.

The news headline indicates that geopolitical tensions are supporting the dollar as a safe haven. The USDTRY pair saw a slight increase in the last close, with the RSI at 48 in neutral territory. Although the MACD is below the signal line, the price is trading above the 20- and 50-day moving averages. A short-term bullish trend for the dollar may emerge, but the upside remains at risk of being limited.