Tag: Overbought

US Greenback, Oil Overbought: Will They Appropriate Sufficient?

Buck to take a breather after 8-weeks lengthy rally; route stays bullish Equally, oil may retest $90 Fed actions, bond market shifts, and speculative positions to inform the market route going ahead They're two of the...

Shares Are Overbought, so What?

Be part of Downtown Josh Brown and Michael Batnick for an additional spherical of What Are Your Ideas? On this week’s episode, Josh and Michael talk about the largest subjects in investing and...

USD/JPY Susceptible to Larger Pullback as RSI Falls from Overbought Zone

Japanese Yen Talking PointsUSD/JPY struggles to retrace the decline from the yearly high (151.94) amid ongoing speculation of a currency intervention, and the exchange rate may face a larger pullback over the coming...

USD/JPY Rally Pushes RSI Into Overbought Territory

Japanese Yen Talking PointsUSD/JPY registers the longest stretch of advance since April 2011 as it rallies for nine consecutive days, and the exchange rate may continue to appreciate over the coming days as...

RSI Flirts with Overbought Zone Ahead of US CPI

Japanese Yen Talking PointsUSD/JPY trades to a fresh yearly high (146.97) after clearing the opening range for October, and the move back above 70 in the Relative Strength Index (RSI) is likely to...

USD/JPY Eyes September 1998 High as RSI Pushes Into Overbought Territory

Japanese Yen Talking PointsUSD/JPY climbs to a fresh yearly high (139.39) as it extends the advance following the larger-than-expected uptick in the US Consumer Price Index (CPI), with the exchange rate on track...

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