Fed's New Regime Shift May Require Patience and Consensus

The Federal Reserve's new regime change is creating uncertainty in expectations. Despite a 24-hour gain of 0.13%, the DXY remains below the MACD signal line, and the RSI is around 55, which could indicate mild downward pressure in the short term. While staying above the 20-day SMA supports the continuation of the trend, market participants may act cautiously, closely monitoring the Fed's moves.

USDTRY is trading sideways around the 45.70 level, with the RSI at 51 indicating a neutral zone. The MACD remains below the signal line, suggesting weak short-term momentum. The price is trapped between the SMA20 (45.73) and SMA50 (45.66), offering no clear directional signal. News that the Fed's new regime change will require patience may create uncertainty in the market but does not directly trigger selling or buying pressure. Therefore, a sideways trend is expected in the near term.

The news headline suggests that the Fed's policy change will be slow and conciliatory, which could create uncertainty for the market. Although the NDX has risen 1.89% in the last 24 hours, the RSI at 57.6 remains in neutral territory, and the MACD is positive but close to the signal line. In the short term, the impact of this news may be limited, and the market could maintain its current upward trend. However, the Fed's patient approach may delay rate cut expectations, potentially putting pressure on the index. Therefore, a neutral stance is recommended as there is no clear directional signal.