USD/JPY Rate Susceptible to Another Oversold Reading in RSI

USD/JPY may struggle to retain the advance from the August low (130.39) as the Relative Strength Index (RSI) continues to flirt with oversold territory.

from DailyFX – Market News https://bit.ly/3GkHiPA
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S&P 500 Rebounds but Reports that Russian Missiles Landed in Poland Cap Upside

The S&P 500 resumed its recovery on the back of weaker-than-expected PPI data, but finished the day off its best levels following reports that Russian missiles crossed into NATO member Poland.

from DailyFX – Market News https://bit.ly/3AgLNXi
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EURUSD Cooling Off After Failing to Test 1.05

The Euro has cooled from session highs after failing to stretch to the 1.05 threshold.

from DailyFX – Market News https://bit.ly/3TMUShO
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Bitcoin (BTC), Ethereum (ETH) Upbeat Despite FTX Saga as PPI Falls

Bitcoin and Ethereum have temporarily escaped the drama of FTX as prices rise from recent lows. With a downside surprise in PPI, risk assets continue to rise.

from DailyFX – Market News https://bit.ly/3X2b80Z
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S&P 500, Nasdaq, Dow Jones Breakout on Soft PPI, Resistance Overhead

A soft PPI report gave bulls hope on inflation trends as short-term breakouts in the S&P and Nasdaq continued. The Dow is working very near a spot of long-term resistance.

from DailyFX – Market News https://bit.ly/3Eyv700
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