Fed and G-7 Countries Prepare to Hold Interest Rates Steady

The DXY is trading at 98.44, above its 20- and 50-day moving averages. The RSI is at 60, neither overbought nor oversold, suggesting the uptrend may continue but is limited. The MACD line is above the signal line and in positive territory, indicating short-term upward momentum. News indicates the Fed and G-7 countries are preparing to keep interest rates steady, which could support the DXY by maintaining current rate differentials, but no major move is expected without a surprise change. A sideways or slightly upward trajectory appears likely in the near term.

USDJPY is trading at 157.188, with a 24-hour change of +0.39%. The RSI stands at 54.4, indicating neutral territory, while the MACD shows slight bullish momentum above the signal line. The price is trading above both the 20-day and 50-day moving averages, supporting a short-term upward trend. News headlines indicate that the Fed and G-7 countries are preparing to keep interest rates unchanged, which could help maintain current interest rate differentials and support further upside in USDJPY. However, it should be noted that the market may have largely priced in this news, potentially limiting further upward movement.

NDX rose 1.94% in the last 24 hours to close at 27,674, managing to stay above the 20-day SMA (27,526). The RSI at 62.38 is in neutral territory, giving no overbought or oversold signals. The MACD line remains below the signal line, indicating weak short-term momentum. News indicates that the Fed and G-7 are preparing to keep interest rates unchanged; as this is not a surprise to the market and may already be priced in, it is not expected to cause a significant directional change in the short term. Combining technical indicators and news, NDX is likely to trade sideways at current levels.

USDTRY is technically trading at 45.19, with the RSI at 56 in neutral territory. While the MACD shows a slightly positive outlook above the signal line, the price remains above the SMA20 and SMA50, indicating a short-term upward bias. However, news headlines suggest that the Fed and G-7 countries preparing to keep interest rates steady will not have a significant directional impact on emerging market currencies. Therefore, combining the current technical structure with the neutral news effect, a horizontal trend is expected in the short term. Investors should consider that the pair may move within a narrow range of 45.15-45.25.