Monday, 11 October 2021

USD/JPY Rate Rally Pushes RSI Into Overbought Territory

Recent developments in the RSI indicate a further appreciation in USD/JPY as it pushes into overbought territory for the first time since the first quarter of 2021.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...