Nicholas Kitonyi

The pair continues to trade several levels below the 100-hour moving average line after the pullback. However, it still has some room left to run before reaching the oversold levels of the 14-hour RSI.

The pair continues to trade a few levels above the 100-hour moving average line, despite the pullback. The latest pullback helped the currency pair recover from the overbought levels of the 14-hour RSI.

On Thursday, the USD/JPY currency pair bounced from the session lows of about 161.98 to trade at about 162.39.

The price of the pioneer cryptocurrency has now fallen to trade a few levels below the 100-hour moving average line.

The dollar currency index has now fallen to trade a few levels below the 100-hour moving average line. As a result, the USDX avoided rallying into the overbought levels of the 14-hour RSI.

On Friday, the gold price bounced from the session lows of about $3,959 to trade at about $4,009 after the latest US data.

On Friday, the WTI crude oil price bounced from the session lows of about $77.97 to trade at about $80.91 after the latest US data.

The pair has now advanced to trade a few levels above the 100-hour moving average line. As a result, the currency pair has since ascended into the overbought levels of the 14-hour RSI.

The pair has now fallen to trade a few levels below the 100-hour moving average line. As a result, the currency pair is on the verge of entering the oversold levels of the 14-hour RSI.

EUR/USD retreated to 1.1402 as technical indicators signal a bearish shift within a descending channel.