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Author Topic: Foreign Exchange Market Commentary  (Read 2677 times)
pranjali
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« on: February 24, 2010, 11:44:29 pm »
Foreign Exchange Market Commentary
         

EUR/USD closed higher due to light short covering on Wednesday but the low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are oversold, diverging but are neutral hinting that a short-term low might be in or is near. Closes above the 20-day...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/foreign-exchange-market-commentary-20100225107483/
         
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