If EUR/USD ignores oversold
conditions, the next cushion below 1.0930 is 1.0900 -- a round number and also a resistance line in March 2017.
Any adjustments in the oversold
or overbought limit are prudential measures of the BSP to avoid "excessive exposure of banks" to FX-related risks particularly if this will hit its capital health.
As seen in the DFMGI, bellweather Emaar Properties has also become the most oversold
since the bottom of the bear market in January 2016.
Natasha had spent more than PS200 on One Direction tickets, but said she was told by the ticket company four days before the event that it had "oversold
"For the market to be oversold
, it requires prices to be far below costs, (which) are falling nearly as fast as the price, which means oil producers can spend less to get the same or potentially even more in terms of production," it added.
LONDON, Dhu-AlHijjah 09, 1435, October 03, 2014, SPA -- Britain's top share index rebounded from "oversold
" levels on Friday after suffering its sharpest daily drop in months, led up by low cost airline easyJet which hiked its guidance, Reuters reported.
It is thought that the price had fallen into 'oversold
' territory based on the Relative Strength Index (RSI).
Their servers are not oversold
as their web hosting packages are limited by space and bandwidth.
However, foreign investors still oversold
NT$11.7 billion of Taiwanese stocks yesterday (May 16), boosting their total oversold
value to NT$67.8 billion so far this month.
Summary: LONDON - Euro zone blue chips turned positive by mid-session on Monday, bouncing back from oversold
territory after a knee-jerk reaction to French and Greek elections results sent the market to 4-1/2 month lows in early trade.
He said that many scrips were at oversold
position due to consecutive bearish trend like National Bank of Pakistan (NBP).