Tuesday, 5 April 2022

USD/JPY Approaches Yearly High as RSI Pushes Back into Overbought Zone

The overbought reading in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action seen last month.

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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...