CAD/JPY
CADJPY Market Sentiment: Bearish
Using the RSI basic rules
The relative strength index (RSI) help tells traders when a price of a certain currency is temporarily overbought or oversold.
In this case, the market has been overbought, The following chart illustrates the bearish swing rejection signal. As with most trading techniques, this signal will be most reliable when it conforms to the prevailing long-term trend.
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| GBP/USD |
GBP/USD Market Sentiment: Bullish
A bull market is when there is a condition or expectation for the price to rise.
Writer: Nature
Editor (s): Nature & Awe Olufunso Team
Publisher: Awe Olufunso Team
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