Most overbought forex pairs
9/15/2025 04:38am
### Fast takeaway 🚦
Across the liquid, deliverable* currency pairs we track, **none are currently “over-bought” (14-day RSI ≥ 70).**
The highest readings are sitting in the low-60s—strong, but not stretched enough to trigger a classic mean-reversion signal.
| Rank | Pair | 14-day RSI | Latest Spot* | Comment |
|-----:|------|-----------:|-------------:|---------|
| 1 | EUR / USD | 60.9 | 1.176 | Euro bid on softer U-S inflation, but still shy of over-bought |
| 2 | EUR / CAD | 60.0 | 1.177 | Tracks crude softness; momentum firm yet not extreme |
| 3 | GBP / JPY | 55.5 | ¥ 188.9 | Carry flows keep it firm, RSI mid-range |
| 4 | EUR / USD (USD-leg)* | 54.7 | 0.852 | Mirror image of #1, shows dollar side of the move |
| – | … | … | … | All other majors & crosses < 55 |
*Source: Ainvest FinDatabase, 20 Aug–14 Sep 2025 closes.
\*Deliverable = traded in the inter-bank FX market, not a synthetic token.
---
#### What about those “RSI = 100” tickers I see? 🤔
A quick FinScreener pull throws up codes like **ANGX.N, COLAU.O, RDACU.O** with RSI pegged at 99-100. These are *SPAC unit* tickers on U.S. equity exchanges, **not FX pairs**. Their tiny floats and low volumes can freeze the RSI at extremes—interesting trivia, but irrelevant for currency trading.
---
## Why we’re not seeing over-bought signals this week
1. **Macro mix is balanced**
• USD softness (on cooling inflation prints) is offset by a mild risk-off tone in Europe and Asia—so individual crosses are trending, but none have gone vertical.
2. **Volatility compression**
• 1-month G7 FX vols are hovering near YTD lows. Lower amplitude moves → RSI oscillates inside 30-70 more often.
3. **Commodity-linked FX checked by crude drift**
• WTI paused under $89; that keeps CAD and NOK rallies contained, capping their RSIs.
---
### Trading implications 🛠️
• **Break-out traders:** No textbook “sell-the-rip” setup right now—better to wait for RSI > 70 plus price at/beyond recent highs.
• **Range players:** A 60-handle RSI means momentum is up, but the pair can still swing both ways inside a range—consider tight stops on mean-reversion shorts.
• **Watch list for next:** If EUR USD pushes above 1.19 while U.S. data stay soft, its RSI will likely cross 70 first. Keep alert around ECB-Fed policy-divergence headlines.
---
### Quick question to sharpen future ideas 📝
Do you prefer **mechanical RSI triggers** for entry/exit, or are you layering in macro/fundamental filters (e.g., rate-differential shifts) before you pull the trigger? Knowing that will help me tee up more tailored setups next time. 😄