{"id":139776,"date":"2026-08-28T07:45:03","date_gmt":"2026-08-28T04:45:03","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/08\/28\/piyasalarda-warsh-etkisi-izlenecek"},"modified":"2026-08-28T07:45:03","modified_gmt":"2026-08-28T04:45:03","slug":"piyasalarda-warsh-etkisi-izlenecek","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/08\/28\/piyasalarda-warsh-etkisi-izlenecek\/","title":{"rendered":"Piyasalarda Warsh etkisi izlenecek"},"content":{"rendered":"<p class=\"isSelectedEnd\">kon Menkul\u2019\u00fcn de\u011ferlendirmesine g\u00f6re ons alt\u0131n, haftan\u0131n son i\u015flem g\u00fcn\u00fcnde 4.600 dolar seviyesinin alt\u0131na sarkarak 4.580 b\u00f6lgesinde denge ararken, hafta i\u00e7erisinde ula\u015f\u0131lan \u00fc\u00e7 ayl\u0131k zirvenin ard\u0131ndan k\u0131sa vadeli momentumda bir miktar zay\u0131flama dikkat \u00e7ekiyor. Teknik tarafta MACD\u2019nin pozitif b\u00f6lgede ve sinyal \u00e7izgisinin \u00fczerinde kalmaya devam etmesinin ana y\u00fckseli\u015f e\u011filiminin hen\u00fcz bozulmad\u0131\u011f\u0131na i\u015faret etti\u011fi, ancak histogramdaki ivme kayb\u0131n\u0131n y\u00fckseli\u015f momentumunun yava\u015flad\u0131\u011f\u0131n\u0131 g\u00f6sterdi\u011fi aktar\u0131ld\u0131. RSI\u2019\u0131n 65 civar\u0131na gerilemesinin de a\u015f\u0131r\u0131 al\u0131m b\u00f6lgesinden uzakla\u015farak benzer bir tablo ortaya koydu\u011fu belirtildi.<\/p>\n<p class=\"isSelectedEnd\">De\u011ferlendirmede, 4.600 dolar seviyesinin k\u0131sa vadeli y\u00f6n a\u00e7\u0131s\u0131ndan kritik pivot konumunda oldu\u011fu ifade edildi. Fiyat\u0131n yeniden bu seviyenin \u00fczerine yerle\u015fmesinin 4.750 ve ard\u0131ndan 4.900 b\u00f6lgesine y\u00f6nelik hareketi destekleyebilece\u011fi, 4.600 dolar alt\u0131nda kal\u0131c\u0131l\u0131\u011f\u0131n s\u00fcrmesi halinde ise 4.500 dolar deste\u011fine do\u011fru d\u00fczeltme riskinin artabilece\u011fi kaydedildi.<\/p>\n<p class=\"isSelectedEnd\">Ikon Menkul, bug\u00fcn TS\u0130 17.00\u2019de Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n Jackson Hole konu\u015fmas\u0131n\u0131n alt\u0131n\u0131n k\u0131sa vadeli y\u00f6n\u00fc a\u00e7\u0131s\u0131ndan ana kataliz\u00f6r olaca\u011f\u0131n\u0131 belirtti. Temmuz PCE enflasyonunun y\u00fczde 3,7 seviyesinde kalmas\u0131 ve baz\u0131 Fed \u00fcyelerinden gelen \u015fahin a\u00e7\u0131klamalar\u0131n faiz art\u0131\u015f\u0131 ihtimalini canl\u0131 tuttu\u011fu aktar\u0131l\u0131rken, daha \u015fahin bir Warsh tonunun tahvil faizleri ve dolar \u00fczerinden alt\u0131n\u0131 bask\u0131layabilece\u011fi ifade edildi. Buna kar\u015f\u0131l\u0131k Warsh\u2019\u0131n do\u011frudan yeni bir s\u0131k\u0131la\u015fma sinyali vermemesi veya dengeli bir \u00e7er\u00e7eve \u00e7izmesinin, ABD\u2019nin mali g\u00f6r\u00fcn\u00fcm\u00fcne y\u00f6nelik endi\u015feler ve alt\u0131na y\u00f6nelik kurumsal taleple birlikte yeniden al\u0131mlar\u0131 destekleyebilece\u011fi belirtildi.<\/p>\n<p class=\"isSelectedEnd\">Ham petrol\u00fcn haftan\u0131n son i\u015flem g\u00fcn\u00fcnde haftal\u0131k bazda yakla\u015f\u0131k y\u00fczde 4 gerileyerek 83 dolar \u00e7evresinde seyretti\u011fi ve 80 dolar deste\u011finin \u00fczerinde tutunmay\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fc aktar\u0131ld\u0131. Hafta i\u00e7erisinde 85 dolar b\u00f6lgesinden gelen sat\u0131\u015flar\u0131n ard\u0131ndan fiyat\u0131n yeniden 80 dolar\u0131n \u00fczerinde tepki vermesinin, bu b\u00f6lgenin g\u00fc\u00e7l\u00fc bir k\u0131sa vadeli taban olarak \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131 g\u00f6sterdi\u011fi ifade edildi. MACD \u00e7izgisinin sinyal \u00e7izgisinin alt\u0131nda kalmas\u0131 ve histogram\u0131n hafif negatif b\u00f6lgede bulunmas\u0131n\u0131n y\u00fckseli\u015f momentumunun hen\u00fcz g\u00fc\u00e7 kazanmad\u0131\u011f\u0131na i\u015faret etti\u011fi, RSI\u2019\u0131n 51 seviyesinde seyretmesinin ise piyasada y\u00f6n aray\u0131\u015f\u0131n\u0131n s\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6sterdi\u011fi belirtildi.<\/p>\n<p class=\"isSelectedEnd\">Bu g\u00f6r\u00fcn\u00fcmde 80 dolar\u0131n \u00fczerinde kal\u0131c\u0131l\u0131k devam etti\u011fi s\u00fcrece 85 dolar b\u00f6lgesine do\u011fru tepki hareketlerinin g\u00f6r\u00fclebilece\u011fi, 80 dolar\u0131n a\u015fa\u011f\u0131 y\u00f6nl\u00fc k\u0131r\u0131lmas\u0131 halinde sat\u0131\u015flar\u0131n \u00f6nce 75, ard\u0131ndan 70 dolar b\u00f6lgesine do\u011fru derinle\u015fme riskinin artabilece\u011fi kaydedildi. Jackson Hole\u2019da Fed Ba\u015fkan\u0131 Warsh\u2019\u0131n verece\u011fi mesajlar\u0131n dolar \u00fczerindeki etkisinin petrol fiyatlar\u0131nda k\u0131sa vadeli oynakl\u0131\u011f\u0131 art\u0131rabilecek bir geli\u015fme olarak takip edilece\u011fi bildirildi.<\/p>\n<p class=\"isSelectedEnd\">EUR\/USD paritesinin son g\u00fcnlerde 1,1685 b\u00f6lgesinden gelen sat\u0131\u015flar\u0131n ard\u0131ndan 1,1650 seviyesini a\u015fa\u011f\u0131 y\u00f6nl\u00fc test etti\u011fi ve fiyat\u0131n 1,1645\u20131,1650 \u00e7evresinde tepki aramas\u0131n\u0131n bu seviyenin destek rol\u00fcn\u00fcn hen\u00fcz tamamen sona ermedi\u011fini g\u00f6sterdi\u011fi aktar\u0131ld\u0131. Teknik tarafta MACD\u2019nin pozitif b\u00f6lgede ve sinyal \u00e7izgisinin \u00fczerinde kalmas\u0131n\u0131n ana y\u00fckseli\u015f momentumunun korundu\u011funa i\u015faret etti\u011fi, ancak histogramdaki belirgin ivme kayb\u0131n\u0131n k\u0131sa vadede al\u0131c\u0131lar\u0131n g\u00fc\u00e7 kaybetti\u011fini g\u00f6sterdi\u011fi belirtildi. RSI\u2019\u0131n 64 civar\u0131nda bulunmas\u0131n\u0131n ise g\u00f6r\u00fcn\u00fcm\u00fcn halen pozitif tarafta kald\u0131\u011f\u0131n\u0131 ancak \u00f6nceki g\u00fc\u00e7l\u00fc y\u00fckseli\u015fin ard\u0131ndan momentumun normalle\u015fti\u011fini ortaya koydu\u011fu ifade edildi.<\/p>\n<p class=\"isSelectedEnd\">Pariteyi iki z\u0131t para politikas\u0131 beklentisinin \u015fekillendirdi\u011fi belirtilen de\u011ferlendirmede, ABD\u2019de PCE enflasyonunun y\u00fcksek kalmas\u0131, Cleveland Fed Ba\u015fkan\u0131 Hammack\u2019\u0131n \u015fahin mesajlar\u0131 ve piyasalar\u0131n Eyl\u00fcl Fed faiz art\u0131\u015f\u0131 ihtimalini yakla\u015f\u0131k y\u00fczde 35 civar\u0131nda fiyatlamas\u0131n\u0131n dolar\u0131 son bir haftan\u0131n g\u00fc\u00e7l\u00fc seviyelerine ta\u015f\u0131d\u0131\u011f\u0131 aktar\u0131ld\u0131. Bug\u00fcn Jackson Hole\u2019da Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n konu\u015fmas\u0131n\u0131n dolar taraf\u0131ndaki y\u00f6n tayini a\u00e7\u0131s\u0131ndan ana kataliz\u00f6r olaca\u011f\u0131 belirtildi. Euro taraf\u0131nda ise Avrupa Merkez Bankas\u0131\u2019n\u0131n (ECB) temmuz toplant\u0131 tutanaklar\u0131n\u0131n s\u0131k\u0131la\u015fma d\u00f6ng\u00fcs\u00fcn\u00fcn bitmedi\u011fine ve eyl\u00fclde yeni bir faiz art\u0131\u015f\u0131n\u0131n olas\u0131 oldu\u011funa i\u015faret etmesi ile ECB \u00fcyesi Schnabel\u2019in ek faiz art\u0131r\u0131mlar\u0131n\u0131 savunmas\u0131n\u0131n euroyu destekleyen kar\u015f\u0131 kuvvet olarak \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131 kaydedildi. Bu nedenle k\u0131sa vadede 1,1650 b\u00f6lgesinin y\u00f6n tayini a\u00e7\u0131s\u0131ndan \u00f6nemli oldu\u011fu ifade edildi.<\/p>\n<p class=\"isSelectedEnd\">USD\/JPY paritesinin son g\u00fcnlerde 158,50\u2013160,00 band\u0131nda y\u00f6n aray\u0131\u015f\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fc aktar\u0131ld\u0131. Teknik tarafta MACD\u2019nin s\u0131f\u0131r \u00e7izgisinin alt\u0131nda bulunmas\u0131na ra\u011fmen MACD \u00e7izgisinin sinyal \u00e7izgisinin \u00fczerine \u00e7\u0131kmas\u0131 ve histogram\u0131n pozitife d\u00f6nmesinin, \u00f6nceki sert d\u00fc\u015f\u00fc\u015f\u00fcn momentum kaybetti\u011fine ve tepki al\u0131mlar\u0131n\u0131n devam etti\u011fine i\u015faret etti\u011fi belirtildi. Buna kar\u015f\u0131l\u0131k RSI\u2019\u0131n yakla\u015f\u0131k 48 seviyesinde ve 50 e\u015fi\u011finin hemen alt\u0131nda seyretmesinin dolar lehine hareketin hen\u00fcz g\u00fc\u00e7l\u00fc bir trende d\u00f6n\u00fc\u015fmedi\u011fini g\u00f6sterdi\u011fi ifade edildi.<\/p>\n<p class=\"isSelectedEnd\">Japon yeni a\u00e7\u0131s\u0131ndan destekleyici geli\u015fmelerin \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131 belirtilerek, Tokyo \u00e7ekirdek enflasyonunun a\u011fustosta y\u0131ll\u0131k y\u00fczde 1,8 ile y\u00fczde 1,7\u2019lik beklentiyi a\u015fmas\u0131 ve \u00fc\u00e7\u00fcnc\u00fc ay \u00fcst \u00fcste h\u0131zlanmas\u0131n\u0131n, Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) 17\u201318 Eyl\u00fcl toplant\u0131s\u0131nda yeni bir faiz art\u0131r\u0131m\u0131na gidebilece\u011fi beklentisini g\u00fc\u00e7lendirdi\u011fi aktar\u0131ld\u0131. BoJ Ba\u015fkan Yard\u0131mc\u0131s\u0131 Himino\u2019nun artan enflasyon risklerine ili\u015fkin \u015fahin mesajlar\u0131n\u0131n da bu g\u00f6r\u00fcn\u00fcm\u00fc destekledi\u011fi kaydedildi.<\/p>\n<p class=\"isSelectedEnd\">ABD taraf\u0131nda ise temmuz PCE enflasyonunun y\u00fcksek kalmas\u0131 ve Fed \u00fcyelerinden gelen \u015fahin a\u00e7\u0131klamalar\u0131n dolar\u0131 desteklemeye devam etti\u011fi, piyasan\u0131n Eyl\u00fcl\u2019de Fed faiz art\u0131\u015f\u0131 ihtimalini yakla\u015f\u0131k y\u00fczde 35, y\u0131l sonuna kadar ise y\u00fczde 75 civar\u0131nda fiyatlad\u0131\u011f\u0131 belirtildi. Bug\u00fcn Jackson Hole\u2019da Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n verece\u011fi mesajlar\u0131n paritenin k\u0131sa vadeli y\u00f6n tayini a\u00e7\u0131s\u0131ndan kritik olaca\u011f\u0131 ifade edildi. 160,00 seviyesinin k\u0131sa vadeli ana diren\u00e7 olarak \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131, Warsh\u2019tan \u015fahin mesajlar gelmesi ve 160,00 \u00fczerinde kal\u0131c\u0131l\u0131k sa\u011flanmas\u0131 halinde 161,25 ve ard\u0131ndan 164,00 b\u00f6lgesine do\u011fru hareket alan\u0131 olu\u015fabilece\u011fi aktar\u0131ld\u0131. Tokyo enflasyonu ve BoJ s\u0131k\u0131la\u015fma beklentilerinin yen talebini g\u00fc\u00e7lendirmesi durumunda ise 158,50\u2019nin k\u0131r\u0131lmas\u0131n\u0131n 157,00\u2013156,00 band\u0131na do\u011fru sat\u0131\u015f bask\u0131s\u0131n\u0131 yeniden art\u0131rabilece\u011fi kaydedildi.<\/p>\n<p class=\"isSelectedEnd\">Nasdaq\u2019\u0131n hafta genelinde al\u0131c\u0131l\u0131 bir g\u00f6r\u00fcn\u00fcm sergileyerek 28.750\u201329.000 b\u00f6lgesinden yeniden 29.650 seviyelerine do\u011fru toparland\u0131\u011f\u0131 ve fiyat\u0131n 29.300 deste\u011finin \u00fczerinde kalmas\u0131n\u0131n k\u0131sa vadeli pozitif g\u00f6r\u00fcn\u00fcm\u00fcn korunmas\u0131n\u0131 sa\u011flad\u0131\u011f\u0131 aktar\u0131ld\u0131. Teknik tarafta RSI\u2019\u0131n 53 seviyesinde ve 50 e\u015fik de\u011ferinin \u00fczerinde seyretmesinin al\u0131c\u0131lar\u0131n s\u0131n\u0131rl\u0131 da olsa \u00fcst\u00fcnl\u00fc\u011f\u00fcn\u00fc korudu\u011funa i\u015faret etti\u011fi, MACD \u00e7izgisinin sinyal \u00e7izgisinin alt\u0131nda bulunmas\u0131 ve histogram\u0131n hafif negatif b\u00f6lgede kalmas\u0131n\u0131n ise y\u00fckseli\u015f momentumunun hen\u00fcz g\u00fc\u00e7l\u00fc bir trende d\u00f6n\u00fc\u015fmedi\u011fini g\u00f6sterdi\u011fi belirtildi. Bu nedenle 30.000 seviyesinin k\u0131sa vadeli y\u00f6n a\u00e7\u0131s\u0131ndan ana e\u015fik konumunda bulundu\u011fu ifade edildi.<\/p>\n<p>Nvidia\u2019n\u0131n beklentileri a\u015fan bilan\u00e7osu ve g\u00fc\u00e7l\u00fc gelir \u00f6ng\u00f6r\u00fcs\u00fcn\u00fcn yapay zeka temas\u0131na y\u00f6nelik g\u00fcveni yeniden g\u00fc\u00e7lendirerek teknoloji hisselerini destekledi\u011fi kaydedildi. Nvidia hisselerinin bilan\u00e7o sonras\u0131nda y\u00fczde 8,7 y\u00fckselmesiyle Nasdaq\u2019\u0131n per\u015fembe g\u00fcn\u00fcn\u00fc y\u00fczde 1,57 art\u0131\u015fla tamamlad\u0131\u011f\u0131 aktar\u0131ld\u0131. Buna kar\u015f\u0131l\u0131k Fed \u00fcyelerinden gelen enflasyon uyar\u0131lar\u0131 ve temmuz PCE\u2019nin y\u00fcksek seyretmesinin faiz g\u00f6r\u00fcn\u00fcm\u00fc a\u00e7\u0131s\u0131ndan risk yaratmaya devam etti\u011fi belirtildi. Bug\u00fcn Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n Jackson Hole konu\u015fmas\u0131n\u0131n endeksin k\u0131sa vadeli y\u00f6n tayininde ana kataliz\u00f6r olaca\u011f\u0131 ifade edildi. Daha \u015fahin mesajlar\u0131n tahvil faizlerini yukar\u0131 ta\u015f\u0131yarak y\u00fcksek de\u011ferlemeli teknoloji hisselerinde sat\u0131\u015f bask\u0131s\u0131 yaratabilece\u011fi, do\u011frudan ek s\u0131k\u0131la\u015fma sinyali vermeyen daha dengeli bir tonun ise Nvidia sonras\u0131 olu\u015fan olumlu havan\u0131n devam\u0131n\u0131 destekleyebilece\u011fi de\u011ferlendirildi.<\/p>\n<p> <strong><\/strong><br \/>\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0130stanbul, 28 A\u011fustos (Hibya) &#8211; Ikon Menkul taraf\u0131ndan yay\u0131mlanan piyasa de\u011ferlendirmesinde, ons alt\u0131n, petrol, EUR\/USD, USD\/JPY ve Nasdaq\u2019\u0131n teknik g\u00f6r\u00fcn\u00fcm\u00fc ele al\u0131n\u0131rken, Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n Jackson Hole konu\u015fmas\u0131n\u0131n piyasalar\u0131n k\u0131sa vadeli y\u00f6n\u00fc a\u00e7\u0131s\u0131ndan belirleyici olabilece\u011fi ifade edildi.<\/p>\n","protected":false},"author":1,"featured_media":139777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1],"tags":[],"class_list":["post-139776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/139776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=139776"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/139776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/139777"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=139776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=139776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=139776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}