EURUSD opened with a positive gap slightly above the 1.0900 level on Monday after a bearish week, but gains proved short-lived, with the price inching back below that number to turn negative on the day. Technical signals are mixed. The RSI and the MACD have further extended their decline below their neutral thresholds. On the other hand, the Stochastics seem to have found a bottom in the oversold zone, suggesting a potential upside reversal in the price. Friday’s doji candlestick could also be a sign that the recent sell-off is losing steam, though that alone is considered a neutral signal unless a large green ... (full story)