Tag: Oversold

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EUR/USD Falls Toward Parity as RSI Pushes into Oversold Territory

EUR/USD Falls Toward Parity as RSI Pushes into Oversold Territory

EUR/USD Rate Talking PointsEUR/USD fails to defend the 2020 low (1.0340) as it tumbles to a fresh yearly low (1.0161), and the exchange rate may fall [...]
Gold Price Eyes December Low as RSI Flirts with Oversold Territory

Gold Price Eyes December Low as RSI Flirts with Oversold Territory

Gold Price Talking PointsThe price of gold appears to be tracking the negative slope in the 50-Day SMA ($1840) as it trades to a fresh yearly low ($1 [...]
SkyBridge’s Scaramucci: Bitcoin is ‘Technically Oversold’

SkyBridge’s Scaramucci: Bitcoin is ‘Technically Oversold’

The investment fund founder Anthony Scaramucci spoke during a conference in Toronto Thursday afternoon. www.coindesk.com [...]
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone

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) [...]
NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone

NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone

NZD/USD appeared to be on track to test the June 2020 low (0.6185) as it traded to a fresh yearly low (0.6196) earlier this week, but recent price ac [...]
Fidelity’ exec says BTC undervalued and oversold

Fidelity’ exec says BTC undervalued and oversold

Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence on Tuesday th [...]
Ethereum price enters ‘oversold’ zone for the first time since November 2018

Ethereum price enters ‘oversold’ zone for the first time since November 2018

Ethereum's native token Ether (ETH) entered its "oversold" territory this June 12, for the first time since November 2018, according to its weekly rel [...]
Cancelled flights: Travel firms have oversold flights and holidays – Shapps

Cancelled flights: Travel firms have oversold flights and holidays – Shapps

The UK's transport secretary seeks a meeting with airlines and airports to "find out what's gone wrong". www.bbc.co.uk [...]
Bitcoin Oversold; Resistance At $33K-$35K

Bitcoin Oversold; Resistance At $33K-$35K

Bitcoin (BTC) is on track for its first consecutive seven-week decline – a sign of negative price momentum. The relief bounce could stall with resista [...]
AUD/USD Rate Selloff Pushes RSI Back Into Oversold Territory

AUD/USD Rate Selloff Pushes RSI Back Into Oversold Territory

Australian Dollar Talking PointsAUD/USD takes out the July 2020 low (0.6877) as the ongoing deterioration in risk appetite continues to drag on commo [...]
Dogecoin eyes ‘oversold’ bounce as DOGE price gives up 90% of yearly gains

Dogecoin eyes ‘oversold’ bounce as DOGE price gives up 90% of yearly gains

Dogecoin (DOGE) shows the prospect of undergoing a strong price rebound after reaching a technical support confluence on May 12.DOGE price 25% bounce [...]
NZD/USD Rate Eyes June 2020 Low as RSI Sits in Oversold Territory

NZD/USD Rate Eyes June 2020 Low as RSI Sits in Oversold Territory

NZD/USD carves a series of lower highs and lows as it trades to a fresh yearly low (0.6276), and the exchange rate may attempt to test the June 2020 [...]
EUR/USD Breaks Out of Narrow Range to Pull RSI Out of Oversold Zone

EUR/USD Breaks Out of Narrow Range to Pull RSI Out of Oversold Zone

EUR/USD Rate Talking PointsEUR/USD initiates a series of higher highs and lows as the Federal Reserve endorses a preset course for monetary policy, a [...]
AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision

Australian Dollar Talking PointsAUD/USD appears to be reversing course ahead of the yearly low (0.6968) amid the larger-than-expected the Reserve Ban [...]
GBP/USD oversold but fundamentals favour further weakness – MUFG

GBP/USD oversold but fundamentals favour further weakness – MUFG

MUFG Research discusses GBP tech, quant and macro outlook."Unsurprisingly technical indicators are signalling that th [...]
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