Tag: Oversold

USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

Japanese Yen Talking PointsUSD/JPY clears the opening range for October as it extends the advance following the US Non-Farm Payrolls (NFP) report, and a move above 70 in the Relative Strength Index (RSI)...

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...

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...

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