Fed Raises Rates: Warsh Says Inflation Remains High

The Fed's rate hike and Warsh's remarks that inflation remains high are supportive for the DXY in the short term. However, RSI14 at 82.5 indicates overbought conditions, suggesting that upward movement may be limited. MACD is positive and the price is above SMA20 and SMA50, indicating a strong trend. Nevertheless, due to overbought conditions, there is a risk of profit-taking in the short term, so although the direction is up, confidence is limited at 0.65.

The Fed's rate hike and Warsh's statement that inflation remains high could create downward pressure on gold prices in the short term. However, GLD's last close at an unusual level of 4264.145 and a 24-hour change of 969% appear meaningless; this data is likely erroneous or due to a split/adjustment. With RSI at 39, near oversold territory, while MACD is just below the signal line, indicating weak momentum. SMA20 and SMA50 are at 394.6 and 398.4, respectively, and remain well above the price, so the current price data is not reliable. The news impact may be limited; the main determinant is the uncertainty in data quality.

The Fed's rate hike and Warsh's hawkish message that inflation remains high are suppressing risk appetite, creating short-term downside risk for SPX. The price is below the 20 and 50-day moving averages, and the RSI at 37 confirms weak momentum; the MACD is in negative territory below the signal line. This outlook indicates that sellers remain in control. However, the RSI approaching oversold territory and the possibility that the news may be largely priced in could limit sharp declines. While a downward bias is expected in the 1-3 day horizon, caution is warranted against reactive buying.

The Fed's rate hike and Warsh's hawkish message that inflation remains high could create upward pressure on USDTRY. However, technical indicators already point to a sideways trend: the price is just above the SMA20 and SMA50, RSI at 56 is neutral, and MACD is slightly above the signal line. Since the 24-hour change is nearly zero, the market may not have priced in the news yet. In the short term (1-3 days), a depreciation of the TL and a moderate rise in USDTRY can be expected, but the impact may be limited. Resistance should be watched at 48.80, support at 48.50.