Optimism in Global Markets After Fed Interest Rate Decision

At the latest close, DXY rose 0.57% in 24 hours to 100.17 and is trading above its 20-day and 50-day simple moving averages. With an RSI of 59.6, it has not approached overbought territory, while the MACD is slightly below its signal line. Following the Fed's interest rate decision, global optimism may boost risk appetite and support the dollar index in the short term. However, due to the MACD's negative position and the news's overall market impact, there is a risk that the upward movement remains limited. In the 1-3 day outlook, I expect a moderate upward trend.

Optimism in global markets following the Fed's interest rate decision could boost risk appetite and support USDJPY to the upside. However, technical indicators are mixed: RSI at 48 is neutral, MACD is below its signal line, and the price is slightly below the 20-day SMA. The 0.26% decline over the past 24 hours points to short-term weakness. Although the news flow is positive, the technical picture does not provide a clear direction; therefore, I expect a moderate upward bias.

USDTRY technical indicators point to a sideways trend: the price is just above the SMA20 and SMA50, RSI at 57 is in neutral territory, and MACD is slightly above the signal line. Following the Fed's interest rate decision, global optimism may boost risk appetite and support emerging market currencies, which could create limited downward pressure on USDTRY. However, the pair's near-zero change over the past 24 hours and indecisive signals from indicators suggest the impact will remain weak. In the short term, fluctuation within the 48.60-48.70 band is expected; an additional trigger is needed for a clear direction.

The news headline indicates optimism in global markets following the Fed's interest rate decision, which is generally a factor that increases risk appetite. However, NDX technical indicators are weak: the price is below the 20-day and 50-day simple moving averages, the RSI is at 42 in the neutral-weak zone, and the MACD is negative. There has been a 1.6% decline in the last 24 hours, reflecting short-term selling pressure. Although the news is positive, the technical outlook has not yet signaled a reversal; therefore, the upward effect may be limited and volatile. While short-term reaction buying may occur, a sustained rally requires improvement in technical indicators.