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David Song

USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone

Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) climbs to its highest level since 1983, but...

USD/JPY Rally to Persist as RSI Sits in Overbought Territory

Japanese Yen Talking PointsUSD/JPY appears to be tracking the rise in US Treasury yields as it trades to a fresh yearly high (135.20), and the exchange rate may continue to appreciate as the...

USD/JPY Phases One other Try and Break Out of 2022 Opening Vary

Japanese Yen Speaking FactorsUSD/JPY clears the month-to-month opening vary because it extends the collection of upper highs and lows from earlier this week, however the change charge might consolidate forward of the Federal...

EUR/USD Susceptible to First RSI Oversold Studying in 2022

EUR/USD Fee Speaking FactorsEUR/USD trades to contemporary yearly low (1.1090) regardless of the uptick in Germany’s Client Worth Index (CPI), and looming developments within the Relative Power Index (RSI) could accompany an extra...

USD Rally to Persist on Upbeat US NFP Report

US Greenback Speaking FactorsThe US Greenback Index (DXY) climbed to a recent yearly excessive (97.74) as heightening Russia-Ukraine tensions seem like spurring a flight to security, and recent information prints popping out of...

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