Powell to Remain on Fed Board After May 15

Although the DXY is approaching oversold territory with an RSI of 31.7, the MACD line remaining below the signal line and trading below the 20- and 50-day moving averages indicate short-term weakness. News that Powell will remain at the Fed may provide some support for the dollar by reinforcing expectations of policy continuity, but the current technical structure maintains a bearish bias. The 0.42% decline over the past 24 hours suggests continued selling pressure. In the short term, there is a risk of slipping below the 98.00 level, but a rapid rebound is also possible due to the oversold condition.

USDJPY is trading at 156.42, losing 0.5% in the last 24 hours. Although the RSI at 32.8 is approaching oversold territory, the MACD remains below the signal line and in negative territory, indicating that short-term bearish momentum persists. The price is trading below both the 20-day (157.53) and 50-day (157.30) moving averages, further weakening the technical outlook. News that Powell will remain at the Fed may provide some support for the dollar by creating expectations of policy continuity, but the current technical structure maintains a bearish bias. A pullback toward the 156.00 support level is highly probable in the near term.

Powell's continued presence at the Fed points to policy continuity, which may not lead to a sudden break in USDTRY. Although technical indicators show a slight bullish bias (RSI 57, MACD positive), the proximity of SMA20 and SMA50 increases the likelihood of a sideways trend. In the short term, consolidation within the 45.20-45.30 range can be expected. Since the news was not a surprise for the market, volatility may remain low.

Powell's continued leadership at the Fed is not a surprise for the market, so no major short-term movement is expected. JPM's technical indicators are sending mixed signals: RSI at 46 is in neutral territory, MACD is below zero but approaching the signal line. The price is below both the 20-day and 50-day moving averages, indicating weak momentum. The 1.35% decline in the last 24 hours suggests ongoing selling pressure. Therefore, while the news impact remains limited, the technical outlook does not provide enough strength to determine direction in the short term.