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Author Topic: Foreign Exchange Market Commentary  (Read 4602 times)
pranjali
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« on: April 25, 2010, 11:02:57 pm »
Foreign Exchange Market Commentary
         

EUR/USD closed higher due to short covering on Friday but remains above the 20-day moving average. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. If it extends last week's...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/foreign-exchange-market-commentary-20100426111679/
         
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