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DailyFX Delivered To You: DailyFX For Beginners Article Thank you for signing up for DailyFX research. Please see below for today's DailyFX For Beginners article: Maintained Momentum Builds EURJPY Weakness The EURJPY has declined 320 pips lower over the last six trading sessions. By assigning blocks to price action, traders can judge if momentum is set to continue into next weeks trading. Here's What You Need to Know about "Overbought" and "Oversold" Oftentimes when a trader sees that an indicator is in “overbought” or “oversold” territory their immediate reaction is to take an opposing position…sell when overbought and buy when oversold. This article will show why that is not always the best course of action. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com Best regards, DailyFX Financial Square 32 Old Slip, 10th Floor New York, NY 10005 Tel 1-212-897-7660 Fax 1-212-897-7669 research@dailyfx.com

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