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Usd/jpy approaches 200-day sma while rsi flirts with overbought zone

USD/JPY Outlook USD/JPY approaches the 200-Day SMA (137.28) as it trades to a fresh yearly high (137.10), and a move above 70 in the Relative Strength...

March 3, 2023, 3:03 am

Gold strengthens the rebound around 1,800

Gold is overperforming the last couple of sessions on the 4-hour chart, advancing above the short-term downward sloping channel and the 20- and the 50...

March 1, 2023, 11:04 am

Usd/cad price analysis: further downside towards 1.3580 support confluence appears imminent

USD/CAD takes offers to renew intraday low, reverses from “double top”. 100-HMA, two-week-old ascending trend line restrict immediate downside. RS...

March 1, 2023, 6:44 am

Oversold-overbought watch: s&p 500 index - february 21, 2023

The S&P 500 Index has rebounded sharply off its previous low in October, closing up 14% on Feb. 17 since October's trough. The market could continue t...

February 21, 2023, 10:39 am

Nasdaq 100 consolidates gains

The Nasdaq 100 struggles as worries about more rate hikes from the Fed linger. The consolidation has met bids over 12200, keeping this month’s break...

February 17, 2023, 8:16 am

Usd/jpy price analysis: ascending triangle, double tops tease bears around 132.00

USD/JPY bounces off intraday low, keeps extends pullback from five-week high. RSI’s retreat from overbought ...

February 14, 2023, 2:44 am

Dax 40 price outlook: siemens’ positive q1 results sends the index higher

The DAX index gapped up at the open today after a very strong move in Asian equities. Siemens’ positive Q1 earnings leads the index further into...

February 9, 2023, 2:30 pm

Dax 40 price outlook: siemens positive q1 results sends the index higher

The DAX index gapped up at the open today after a very strong move in Asian equities. Siemens’ positive Q1 earnings leads the index further into...

February 9, 2023, 2:30 pm

Wti oil: strong rally starts to lose traction on overbought conditions/inflation concerns

The WTI oil remains at the front foot and extends strong rise from $72.24 (Feb 6 low) for the fourth straight day, underpinned by growing optimism ove...

February 9, 2023, 11:58 am

Usd/jpy price analysis: eases from 50% fibo but buyers stay hopeful above 132.00

USD/JPY retreats from one-month high to snap two-day uptrend. RSI pullback from overbought territory fa...

February 7, 2023, 5:14 am

Dax 40 consolidates gains

The Dax 40 steadies as investors hope that the ECB is in the later stage of its hiking cycle. Sentiment saw a boost after a bounce off the 20-day SMA ...

February 6, 2023, 8:22 am

Eur/usd forecast: investors could ignore overbought conditions on a hawkish ecb

EUR/USD has retreated modestly after having reached its highest level since early April at 1.1033 during the Asian trading hours on Thursday. The pair...

February 2, 2023, 8:59 am

Midweek data: big week of central banks and the nfp

The chart itself definitely suggests that the euro has reached a plateau and might decline in the near future. Momentum to the upside has been low sin...

February 1, 2023, 8:55 am

Eur/usd price analysis: rising wedge propels bearish interest ahead of fomc

EUR/USD fades bounce off 21-day EMA inside rising wedge bearish chart pattern. RSI’s retreat from overbought...

February 1, 2023, 5:44 am

Us 100 index retreats after penetrating downtrend line

The US 100 cash index reached overbought levels according to the RSI and reversed lower after the price...

January 31, 2023, 2:26 pm

Dax 40 consolidates gains

The Dax 40 steadies as investors eye the Fed and ECB duo’s decisions. On the daily chart, the index is still hovering in the February 2022 sell zone...

January 30, 2023, 8:21 am

Bitcoin is overbought and could see a two-week pullback, according to this technical indicator

Bitcoin might suffer from a pullback for two weeks or longer, though the crypto has rallied almost 40% so far this year, according to Katie Stockton, ...

January 26, 2023, 10:12 pm

Aud/usd price analysis: steadies around 0.7100 amid hidden bearish rsi divergence

AUD/USD seesaws around five-month high as bulls take a breather after four-day uptrend. Higher highs on RSI (14) contrast with the lower high on price...

January 25, 2023, 11:59 pm

Gbpusd stays bullish near december’s high

GBPUSD could not find enough buyers to pierce through December’s high of 1.2445, finishing Monday’s session with mild losses at 1.2375. The bulls,...

January 24, 2023, 9:26 am

Dax 40 holds on to gains

The Dax 40 recouped losses as investors saw a bargain hunting opportunity. On the daily chart, the RSI’s double top in the...

January 23, 2023, 8:17 am


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