US Non-Farm Payrolls Fall Short of Expectations
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%Although GOOGL shares closed up 1.92% in the last session, the RSI at 58 indicates neither overbought nor oversold conditions. The MACD remains below the signal line, suggesting weak short-term momentum. Weak employment data in the news headlines could negatively impact overall market sentiment, but the stock is trading above its 20- and 50-day moving averages. Therefore, it is difficult to determine a clear direction in the short term, and a sideways trend may be expected.
📊 SPX — Piyasa Yorumu
▼ down · 60%The weaker-than-expected non-farm payrolls data has heightened concerns over an economic slowdown, potentially dampening risk appetite in the short term. The SPX closed just below its 20-day moving average (7487), and failure to sustain above this level could increase selling pressure. While the RSI at 54 remains in neutral territory, the MACD line below the signal line indicates weakening momentum. In light of this news, the market may experience a pullback toward the 50-day moving average (7425) in the near term.
📊 NDX — Piyasa Yorumu
▼ down · 65%NDX is already in a technically weak position. Although the RSI at 37 is approaching oversold territory, the MACD line remains well below the signal line and in negative territory, indicating continued bearish momentum. The price is trading below both the 20-day and 50-day moving averages. The weaker-than-expected non-farm payroll data could increase recession concerns, putting pressure on growth stocks. In the short term, selling pressure is likely to persist, but caution is warranted due to oversold conditions and the possibility of a rebound buying opportunity.
📊 DXY — Piyasa Yorumu
▼ down · 70%Weak non-farm payrolls data could create downward pressure on the US dollar. Technical indicators support this view: the RSI is approaching oversold territory at 38, while the MACD is below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages. In the short term, the downtrend is expected to continue, although some corrective buying may emerge due to oversold conditions.