Iran War Triggers Extreme Bearish Scenarios for Asian Currencies and Bonds
📊 DXY — Piyasa Yorumu
▼ down · 60%The news headline indicates rising geopolitical risks, which have triggered scenarios of excessive declines in Asian currencies. This situation could lead to short-term upward movement in the DXY due to safe-haven demand. However, technical indicators present a weak outlook: the RSI is at 42.8, below the neutral zone, the MACD is below its signal line, and the price is trading below the SMA20. Therefore, the impact of the news may be limited, and it seems more likely that the DXY will maintain its downward trend. In the short term, the direction could be bearish, but safe-haven flows may limit this decline.
📊 USDJPY — Piyasa Yorumu
▼ down · 60%The news headline indicates rising geopolitical risks that could create selling pressure on Asian currencies. In USDJPY, the RSI is at 52.7, in neutral territory, while the MACD is above the signal line but below zero, signaling weak momentum. The price is trading just above the SMA20 and SMA50, pointing to a short-term resistance zone. Geopolitical uncertainties typically boost safe-haven demand, potentially strengthening the JPY and supporting a downside move in USDJPY. However, current technical indicators are not in oversold territory, suggesting any decline may be limited.