Fed's Daly: Inflation to Slow, Uncertainties Persist
📊 DXY — Piyasa Yorumu
▼ down · 70%Despite the DXY's RSI14 being in oversold territory at 26.85, short-term momentum remains very weak. The MACD line is below the signal line and in negative territory, indicating a continued bearish trend. The price is trading below both the 20-day and 50-day moving averages, which are acting as resistance levels. Comments from Fed's Daly that inflation will slow but uncertainties persist may keep rate cut expectations alive, weighing on the dollar. The 0.62% decline over the past 24 hours confirms ongoing selling pressure.
📊 GLD — Piyasa Yorumu
▲ up · 60%The news creates expectations of slowing inflation, which is positive for safe-haven assets like gold. Technical indicators also support this view: the RSI at 63.9 is not yet in overbought territory, the MACD is above its signal line and trending upward, and the price is trading above both the 20-day and 50-day moving averages, having gained 2.5% in the last 24 hours. However, lingering uncertainties and the elevated RSI level warrant some caution in the short term. The uptrend is expected to continue in the near term.
📊 NDX — Piyasa Yorumu
■ neutral · 60%The news includes a cautious statement from a Fed official indicating that inflation will slow but uncertainties persist. This does not provide a strong enough signal for the market to establish a clear direction. Technically, the RSI is at 51.8, in neutral territory, the MACD remains below the signal line, and the price is trading below the 20-day moving average. Despite a 2.5% rise in the last 24 hours, the short-term outlook remains uncertain. Therefore, a sideways movement can be expected in the 1-3 day perspective.