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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, May 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD closed higher on Wednesday and is poised to renew the rally off April's low. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this week's rally,...

    complete article here...

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