Tuesday, 26 April 2022

Japanese Yen Forecast: USD/JPY Susceptible to RSI Sell Signal

Looming developments in the Relative Strength Index (RSI) may warn of a larger pullback in USD/JPY if the oscillator falls below 70 to indicate a textbook sell signal.

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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...