简体中文
ภาษาไทย
繁體中文
Indonesia
GBP/JPY intraday: the RSI is overbought
2024-01-10
660
Our pivot point is at 184.84.
Our preference: as long as 184.84 is support look for 187.20.
Alternative scenario: the downside breakout of 184.84 would call for 183.96 and 183.44.
Comment: the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 185.19 and 184.44).
Supports and resistances:
188.24 **
187.72 *
187.20 **
186.68
185.58 last
185.18
184.84 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More
