Tag: Oversold
Gold (XAU/USD) Picking Up a Small Bid as Oversold Conditions Begin to Clear
Gold (XAU/USD) Analysis and ChartUS PPI comes in hotter-than-expectedRetail sales missed market expectations and turned negative in January.Gold is c [...]
Dollar/Rand Moving Into Oversold Territory
Key takeaways- The USD/ZAR is trading within a short to medium term price consolidation- The 20 and 50 day simple moving averages confirm the rangebou [...]
Cardano network activity and ADA’s oversold price action hint at a powerful breakout
Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance [...]
TRY/USD: Turkish lira to USD and pound exchange rates gets oversold
The relentless Turkish lira plunge moderated this week as state-owned banks restarted their support in the forex market. The Turkish [...]
Cable Bounces from Oversold Territory as UK Retail Sales Recover
GBP/USD PRICE, CHARTS AND ANALYSIS:
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Gold Prices Look Oversold but the Short-Term Outlook Remains Uncertain
Gold Price (XAU/USD), Chart, and AnalysisGold is struggling to make any headway.Will Tuesday’s US CPI data match the Fed’s hawkish narrative?
Rec [...]
Gold Enters Oversold Zone: Short $1,800?
The gold price rose for the third day, reaching a two-week high during the mid-European session. GOLD is currently trading around $1,780, with bulls a [...]
USD/JPY Rate Susceptible to Another Oversold Reading in RSI
Japanese Yen Talking PointsUSD/JPY has broken below the September low (138.84) as remains under pressure following the larger-than-expected slowdown [...]
XAU/USD Nearing ‘Oversold’ Territory as Yields Gap Up
Gold (XAU/USD) News and AnalysisGold’s impressive bullish run appears under threat as the RSI flashes ‘oversold’Contractionary monetary policy appears [...]
Be ready to ‘pounce’ when the market is oversold
CNBC's Jim Cramer on Friday warned investors not to let their guard down when it comes to their portfolios and be ready to take advantage of good deal [...]
AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Australia Employment
At the same time, the update to Australia’s Employment report may generate a bullish reaction in the local currency as the economy is expected to add [...]
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), b [...]
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 A [...]
Biggest technical risk to lower euro is very oversold conditions – BofA
Bank of America Global Research discusses the EUR.USD technical outlook and maintains a bearish bias but highlights the risk of excessive oversold con [...]
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 [...]