EUR/USD Oversold: RSI Hits 28.25, Wait for Proof
EUR/USD dropped as RSI hit 28.25. ForexCFD.top explains why waiting for a break above 1.1433 is safer than chasing the oversold dip.
EUR/USD dropped as RSI hit 28.25. ForexCFD.top explains why waiting for a break above 1.1433 is safer than chasing the oversold dip.
Gold faces four straight weekly losses as Fed hikes loom. With resistance at $4170 holding firm, technical bounces lack the muscle to reverse the trend.
With 20 bearish indicators against 6 bullish, the Williams %R reading of 86.35 warns against blind optimism on GBP/USD right now.