USD/CAD Rate Rebound Vulnerable as RSI Sits in Oversold Territory

BY admin admin

USD/CAD may extend the series of lower highs and lows from the start of the month as the RSI sits in oversold territory for the first time since June.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

FX option expiries for 14 August 10am New York cut

<p>There is just one to take note of, as highlighted in bold.</p><p>That being for EUR/USD at 1.1000, which I would say might not get much traction on a day like this considering the

Forex

Crude oil futures settle that $36.81. Price getting closer to its 100 day moving average

Up $1.37 or 3.87% The price of crude oil futures settle today at $36.81. That is up $1.37 or $3.87. The high price for the day reached $36.89. The low extended to $35.28.

Forex

Fitch’s Downgrade of the U.S. Debt Rating Pushes Long-Term Interest Rates Higher

In the wake of the announced downgrading of U.S. government debt and amid doubts about a coming recession, the 10-year Treasury yield rose nine basis points overnight and touched a high of 4.18%, whic

Copyright © 2024 | WordPress Theme: Xews Lite