US Senate Confirms Warsh to Fed Board, Chair Vote Expected Wednesday
📊 GOOGL — Piyasa Yorumu
▼ down · 60%GOOGL shares fell 2.3% in the last close, trading at $387.44. The RSI has dropped to 42, below the neutral zone, while the MACD remains in negative territory below the signal line. The news could increase uncertainty regarding the approval of the new Fed chair, potentially pressuring technology stocks. With the short-term technical outlook weak, the downtrend is likely to continue.
📊 DXY — Piyasa Yorumu
■ neutral · 60%The DXY is trading at 98.34, managing to stay above its 20- and 50-day moving averages. Although the RSI is at 60, it is not in overbought territory, while the MACD remains slightly below the signal line. The news includes a step toward the confirmation of the new Fed chair, but this expectation may already be largely priced in. To determine a clear short-term direction, the outcome of Wednesday's chair vote should be awaited. Therefore, the market is likely to trade sideways.