Post-BoC Rally Triggers RSI Breakout
Canadian Dollar Talking Points USD/CAD climbs to a fresh year-high (1.3445) as the Bank of Canada (BoC) adopts a less-hawkish tone ahead of 2019, and recent price action keeps the… Read more »
Tag: RSI
AUD/USD Carves Bearish Series, RSI Threatens Upward Trend
Australian Dollar Talking Points AUD/USD fills the gap from earlier this week as updates to Australia’s Gross Domestic Product (GDP) report instills a weakened outlook for the region, and recent… Read more »
Oil Prices Risk Larger Rebound Ahead of OPEC Meeting Amid RSI Signal
Oil Talking Points Crude looks poised for a larger recover ahead of the Organization of the Petroleum Exporting Countries’ (OPEC) 175th meeting on December 6 as oil prices break out… Read more »
Brent oil Technical Analysis: Bullish RSI divergence confirmed
The US-China trade truce has put a bid under riskier assets, including oil prices. Brent is reporting 4 percent gains at press time. Notably, the rally has confirmed a bullish… Read more »
RSI on Cusp of Flashing Buy-Signal
Oil Talking Points Crude snaps back from a fresh yearly-low ($49.44) as Reuters reports that Russia and Saudi Arabia are in discussion to curb production, and recent developments may foster… Read more »
Bitcoin Price Analysis Nov.29: The Correction Continues But Keep Your Eye on the RSI
After breaking up the $4K area, Bitcoin had soared to a current high of $4355 (Bitstamp). This marks a correction of 25% from the yearly low that was seen just… Read more »
slips below 113.00 on bearish RSI divergence
The USD/JPY pair dipped below 113.00 soon before press time, adding credence to the bearish divergence of the relative strength index (RSI) seen in the hourly chart. The bearish development… Read more »
Bitcoin Price Drops to $4,200 Despite Record Low On RSI – CoinDesk
Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days. The leading cryptocurrency by market capitalization fell to $4,200 soon before… Read more »
minor bounce likely on bullish RSI divergence
The USD/JPY is currently trading at 112.58, having clocked a low of 112.40 earlier today. Both hourly and the 4-hour chart is showing a bullish divergence of the relative strength… Read more »
Oil Rebound Fizzles Amid OPEC Uncertainty, RSI Stuck in Oversold Zone
Oil Talking Points Crude is back under pressure as there appears to be a rift between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, and the current… Read more »