On the utility of lagging indicators for Asian markets

Been watching the Nikkei and Hang Seng lately, particularly with how they've responded to various macro inputs. I'm finding it increasingly difficult to rely on traditional lagging indicators for any real edge in these faster-moving Asian sessions. Price action itself, coupled with volume, seems to be telling a much clearer story, often rendering what the MACD or RSI is signaling almost irrelevant by the time it confirms. For example, trying to apply the same indicator-driven logic to a $NZDJPY move between 94.431 and 94.97 feels less effective than simply observing the order flow around those levels. Am I alone in thinking indicators are becoming less predictive and more a confirmation of what's already happened, especially in high-volatility environments? Curious to hear if others are still finding value in them or if you've also shifted to a more pure price-action approach.