Gold Pulls Back From Overbought Conditions
The key $2000 support level is currently being tested, and if this level holds, it could provide buying opportunities for traders. Gold […]
Silver Forecast: Continues to Look Overbought
Unlike gold, silver has a strong industrial component, meaning that pricing is heavily influenced by demand from the industry. Silver has continued […]
Euro Reaching An Overbought Condition
Traders need to look for signs of exhaustion that they can fade, as the market will continue to be noisy. The Euro […]
GBP/USD Technical Analysis: Overbought Levels
The recent upward rebound path of the GBP/USD currency pair pushed the technical indicators towards overbought levels, according to the performance on […]
EUR/USD Technical Analysis: Strong Overbought Levels
The recovery of the EUR/USD exchange rate in March was undermined last week. The single European currency could test gains of more […]
Gets Overbought Ahead of the Latest US
The GBP/USD price will react mildly to the latest UK jobs numbers. Sell the GBP/USD pair and set a take-profit at 1.2000. […]
Gold Technical Analysis: Heading Towards Overbought Levels
The XAU/USD gold price extended its gains in Friday’s trading session to a new monthly high at around $1870 an ounce, after […]
USD/JPY Technical Analysis: Overbought Levels
The US dollar has outperformed well out of the other major currencies and continues to rise against most of them today as […]
USD/JPY Technical Analysis: Overbought Levels
The US dollar’s gains continued against the rest of the other major currencies. This was after US retail sales surprised strongly on […]
USD/JPY Technical Analysis: Move Towards Overbought Levels
According to the performance on the daily chart, the USD/JPY currency pair is in a stage of reversing the general trend to […]