Global Stocks Rise After US Inflation Data

GOOGL recorded a strong daily increase of 4.2%, in line with the rally in global equities following positive US inflation data. Technical indicators also support this uptrend: the RSI at 67 is approaching overbought territory but is not yet at dangerous levels, while the MACD shows positive momentum above its signal line. The price is trading well above the 20- and 50-day moving averages, confirming a strong short-term trend. However, the elevated RSI and the recent rapid rise may introduce some risk of profit-taking or consolidation in the near term. Overall, the favorable macro news and robust technical structure support a bullish bias for the next 1-3 days.

Despite the RSI14 approaching oversold territory at 30.5, the DXY is trading below its short-term moving averages (SMA20 and SMA50). The MACD line remains below the signal line and in negative territory, confirming weak momentum. News headlines indicate that risk appetite has increased following inflation data, with global equities rising. This could reduce demand for safe-haven assets, putting downward pressure on the DXY. However, oversold conditions and the low price level also suggest the possibility of a short-term rebound.

The news headline indicates that inflation data was received positively, driving a rise in global equities. Technical indicators for the S&P 500 (SPX) support this optimism: the RSI at 57.7 remains in neutral territory with upside potential, while the MACD is above its signal line and positive. The price is trading above both the 20-day and 50-day moving averages, signaling a strong short-term trend. Following a 2.4% gain in the last 24 hours, the market has not yet entered overbought territory, suggesting a high probability of continued upside. However, it should be noted that the market may have fully priced in the news, and short-term profit-taking risks remain.

The news headline indicates a rise in global equities following the release of US inflation data. This could serve as a positive catalyst for technology-heavy indices such as the NDX. On the technical side, the RSI is neutral at 50, while the MACD is below the signal line and in negative territory, suggesting weak short-term momentum. However, the price remains above both the SMA20 and SMA50, indicating that the medium-term trend is still upward. Combining the news flow with the technical structure, limited upside potential is seen in the short term.