2018-High on Radar Amid Overbought RSI Signal
Gold Talking Points Gold rallies to fresh yearly highs despite hopes of a U.S.-China Trade Deal, and recent price action brings the 2018-high ($1366) on the radar as the bullish… Read more »
Tag: RSI
200-day MA challenged hurdle amid bear divergence of 1H RSI
GBP/JPY may see a minor pullback to 144.50.50-144.30 before the 200-day moving average (MA) of 144.93 is scaled in a convincing manner, as the relative strength index (RSI) on the… Read more »
Nears YTD high of $1,326, weekly RSI highest since September 2011
Gold is fast closing on a year-to-date high of $1,326 reached on Jan. 31 and may break higher toward $1,354 (100-month moving average) if trade optimism continues to hurt the… Read more »
Gold Prices Stopped Short of Resuming Dominant Uptrend, Watch RSI
Gold Technical Forecast: Neutral Gold prices made attempt to breach immediate resistance towards the end of last week XAU/USD fell short of resuming dominant uptrend, reinforcing 1323.60 as resistance Watch… Read more »
Bull RSI divergence confirmed on 4H chart
GBP/USD could be in for a minor bounce possibly to 1.2880-1.29, as the previous 4-hour candle closed on a positive note, confirming a bullish divergence (higher lows) on the 4-hour… Read more »
1H & 4H RSI below 30, minor bounce likely
The AUD/USD pair could see a minor bounce from five-week lows as the relative strength indices (RSI) on the hourly and 4-hour chart is reporting oversold conditions. Hourly chart As… Read more »
Gold Risks Larger Pullback as RSI Falls Back from Overbought Territory
Gold Talking Points Gold gives back the advance following the Federal Reserve meeting as fresh data prints coming out of the U.S. economy undermine the sudden shift in central bank… Read more »
eyes falling trendline hurdle after the bullish RSI divergence
The USD/CAD pair is currently trading at 1.3117 and could rise test the falling trendline resistance, currently at 1.3170, as the relative strength index (RSI) on the 4-hour chart has… Read more »
USD/JPY Carves Bullish Series, RSI Breaks Out Following Upbeat NFP
Japanese Yen Talking Points USD/JPY extends the advance following the 304K expansion in U.S. Non-Farm Payrolls (NFP), with the exchange rate trading to fresh 2019-highs, and recent price action raises… Read more »
bull run put on hold by 4H RSI divergence
The NZD/USD pair is currently trading at 0.69, having hit two-month highs above 0.6940 last week. The pullback could be extended further to the ascending (bullish) 200-hour moving average (MA), currently… Read more »