Fed's Waller: Tightening Could Be on the Table if Inflation Rises
📊 DXY — Piyasa Yorumu
▲ up · 65%Fed Governor Waller's signal of potential tightening if inflation rises could provide short-term support for the DXY. Technically, while the RSI at 66.8 is approaching overbought territory, the MACD line remains above the signal line and in positive territory, indicating continued upward momentum. The price is trading above both the 20-day and 50-day moving averages, confirming a short-term upward trend. However, the elevated RSI level and a 0.33% gain over the past 24 hours may introduce some profit-taking risk. Overall, the news and technical indicators point to a short-term upward bias, though caution is warranted due to overbought conditions.
📊 SPX — Piyasa Yorumu
▼ down · 60%Fed Governor Waller's signal of potential tightening if inflation rises could revive rate hike concerns in the markets. The SPX's RSI is weak at 45, MACD is below the signal line, and the price closed below the 20-day moving average. This technical weakness may amplify the negative impact of the news, creating selling pressure in the short term. However, support near the 50-day moving average (7513) could limit the downside.
📊 NDX — Piyasa Yorumu
▼ down · 65%Fed Governor Waller's signal of potential tightening if inflation rises could revive rate hike concerns in the markets. Although the RSI on the NDX is near oversold territory at 38.3, the MACD remains below the signal line and in negative territory, indicating short-term pressure. The price trading below both the 20-day and 50-day moving averages weakens the technical outlook. Therefore, a downward movement in the short term can be expected due to the impact of the news.