Goldman Sachs: Fed May Avoid Rate Hike, Inflation Will Be Decisive

The news creates a positive atmosphere for the stock as Goldman Sachs indicates the Fed may avoid a rate hike. Technically, the price is trading above the 20- and 50-day moving averages, and the RSI at 58 is in neutral territory, suggesting upside potential. However, the MACD line remains below the signal line, indicating some short-term weakness. The 3% gain in the last close and the positive news support upward movement in the near term.

The news suggests the Fed may avoid a rate hike, which could create a generally positive environment for equities. However, GOOGL's technical indicators are sending mixed signals: RSI at 45 is in neutral territory, MACD is below the signal line, and the price is below the 20-day moving average. In the short term, it is difficult to determine a clear direction; it is important for the price to hold around the 50-day average (363.48). Therefore, market reaction may remain limited, and a sideways trend can be expected.

The news suggests the Fed may avoid a rate hike, potentially pressuring the dollar and driving USDJPY higher. Technical indicators support this view: the RSI at 65.9 is not yet overbought, the MACD is above its signal line and positive, and the price is above both the 20-day and 50-day moving averages. The short-term uptrend could continue, but confidence is limited due to the RSI approaching 70 and the possibility that the news impact may be contained.

USDTRY is in overbought territory with the RSI at 77, increasing the likelihood of a short-term correction. The MACD line has crossed below the signal line, indicating weakening momentum. Goldman Sachs' statement that the Fed may avoid a rate hike could exert downward pressure on the dollar. However, given the strong uptrend in USDTRY, any decline is expected to be limited. A pullback toward the 46.30-46.40 range may occur in the near term.