Tag: Oversold

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Australia Employment

Australian Dollar Talking PointsAUD/USD appears to be stuck in a narrow range following the kneejerk reaction to the US Consumer Price Index (CPI), but fresh data prints coming out of Australia may prop...

AUD/USD Rises From Oversold Levels Ahead of RBA Minutes

Australian Dollar, AUD/USD, RBA Minutes, China, Technical Outlook – Talking PointsA rosy Wall Street trading session and weaker US Dollar may boost APAC marketsChina’s NBS delayed its third-quarter GDP report, suggesting downbeat numbersAUD/USD...

AUD/USD Selloff Pushes RSI Back Into Oversold Territory

Australian Dollar Talking PointsAUD/USD trades to a fresh yearly low (0.6247) as it extends the series of lower highs and lows from last week, and the move below 30 in the Relative Strength...

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...

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