RSI Quick Scan - Forex (aka Fiat)

Australian Dollar/Swiss FrancFXCM

Description

⋅ May 21, 2017 3:52 PM

Here is my quick scan of the market.
Of course please don't just buy in Long/Short just because strength shows overbought/oversold.
There is always more room to 0 or 100.

1Day:
AUDCHF - 26 RSI
USDCHF - 29 RSI
USDSGD - 28 RSI
USDDKK - 26RSI

Honorable mentions:
USDPLN - 30 RSI Rising ATR
NZDCHF - 30 RSI
USDNOK - 31 RSI High ATR
EURNZD - 75 RSI
EURSEK - 72 RSI
EURTRY - 67 RSI (Bull Div)

A little extra work defining key candle swings/fib support levels with price alerts tends to pan out on at least one.

I tend to look for:
key candle momentum swings
day close fractals
dbl bottom/top

Comment

⋅ May 21, 2017 7:17 PM

will watch USDDKK

looking for some formation
but the current state could dip down some more
market open really matter but there is a Bull Div for sure

Comment

⋅ May 21, 2017 9:48 PM

AUDCHF - .67523 - new low alert set just in case