Tag: Oversold
RSI Flirts with Oversold Territory Ahead of RBA Meeting
Australian Dollar Talking PointsAUD/USD trades to a fresh monthly low (0.7055) as it extends the series of lower highs and lows from last week, and r [...]
Bitcoin Pulls Back After Fed Comments; Volatility Oversold
In crypto markets, most alternative cryptocurrencies (altcoins) outperformed bitcoin, suggesting that traders are still comfortable with risk, albeit [...]
Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing c [...]
EUR/USD Vulnerable to First RSI Oversold Reading in 2022
EUR/USD Rate Talking PointsEUR/USD trades to fresh yearly low (1.1090) despite the uptick in Germany’s Consumer Price Index (CPI), and looming develo [...]
Non-farm Payrolls Prints at 467k, USD in Focus After Going Oversold
NFP, Non-farm Payrolls, USD Talking Points:This morning brought the release of Non-farm Payrolls for the month of January. Expectations were very low [...]
NZD/USD Rate Eyes September 2020 Low as RSI Sits in Oversold Territory
New Zealand Dollar Talking PointsNZD/USD depreciates for six consecutive days as the Federal Reserve unveils a more detailed exit strategy, and the e [...]