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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 5, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EUR/USD closed lower on Thursday as it extended Wednesday's decline. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are diverging and are turning neutral to bullish signalling that a low is in or is near. Closes above the 20-day moving average crossing...

    complete article here...

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