1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 26, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EUR/USD closed higher on Wednesday and above the 50% retracement level of the December-March decline crossing. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are overbought but remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it...

    complete article here...

Share This Page