এখন থেকে আমরা Elev8
আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
ট্রেডিং এর খবর
16 Aug 2016
Indicators signaling USD/HUF is oversold
While intraday moving averages point at a continued USD/HUF depreciation, the latest momentum readings raise the odds of a minor throwback.
USD/HUF appears primed for a pullback, at least towards overhead resistance established by the 50-period simple moving average. Consistent declines locked RSI below the 50% mark for most of the last 3 weeks.
More noticeable was the recent sell off which led the oscillator plunge below its 25% level. This showed that market participants are keen on selling. In the context of a prolonged down trend, the 4-hour RSI looks now very heavy on the sell side so it could be prone to a squeeze back higher. However, the risks are but still skewed to the downside.
USD/HUF appears primed for a pullback, at least towards overhead resistance established by the 50-period simple moving average. Consistent declines locked RSI below the 50% mark for most of the last 3 weeks.
More noticeable was the recent sell off which led the oscillator plunge below its 25% level. This showed that market participants are keen on selling. In the context of a prolonged down trend, the 4-hour RSI looks now very heavy on the sell side so it could be prone to a squeeze back higher. However, the risks are but still skewed to the downside.