The "Overbought / Sold" screen under the Symbol Details tab shows whether a currency pair is potentially overbought or oversold.
Currency pairs oscillate between overbought and oversold conditions.
Overbought means an extended price move to the upside; while oversold means an extended price move to the downside.
Because price can’t move in one direction forever, the price will turn around at some point.
Currency pairs that are considered overbought or oversold have a greater possibility of reversing direction, but this isn’t necessarily guaranteed.
A currency pair can also remain overbought or oversold longer than expected, but the longer it remains overbought or oversold, the stronger the possibility of a trend reversal.
For each currency pair, a proprietary "Overbought / Oversold Rating" is calculated.
A visual breakdown based on individual values from popular technical indicators is also provided.
Currency pairs oscillate between overbought and oversold conditions.
Overbought means an extended price move to the upside; while oversold means an extended price move to the downside.
Because price can’t move in one direction forever, the price will turn around at some point.
Currency pairs that are considered overbought or oversold have a greater possibility of reversing direction, but this isn’t necessarily guaranteed.
A currency pair can also remain overbought or oversold longer than expected, but the longer it remains overbought or oversold, the stronger the possibility of a trend reversal.
For each currency pair, a proprietary "Overbought / Oversold Rating" is calculated.
A visual breakdown based on individual values from popular technical indicators is also provided.