Mes: agosto 2020

EUR/USD Rate Forecast: RSI Indicator Shows Textbook Sell Signal

The Relative Strength Index (RSI) shows a textbook sell-signal for the EUR/USD exchange rate as the indicator falls back from overbought territory and slips below 70.

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NZD/USD Outlook Hinges on RBNZ Amid Failure to Test January High

NZD/USD appears to be stuck in a narrow range ahead of the Reserve Bank of New Zealand (RBNZ) rate decision amid the failed attempts to test the January high (0.6733).

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Gold Price Outlook: Pullback On The Cards Amid Escalating US-China Tensions

Gold prices may slide lower as RSI divergence hints at uptrend exhaustion and US-China tensions buoy the haven-associated US Dollar.

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Australian Dollar May Seesaw on Chinese CPI Data, US-China Risks

The growth-anchored AUD will be closely watching CPI data out of China – Australia’s largest trading partner – and ongoing political friction between Beijing and Washington.

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