Welcome, Guest. Please login or register.
May 28, 2022, 06:56:52 pm
Home Help Search Login Register
News: to post a New Topic OR to reply and Existing Topic, you must be logged in

+  Forex Forum
|-+  Aeron News
| |-+  Forex Market: News/ Trend/ Technical Analysis
| | |-+  Foreign Exchange Market Commentary
« previous next »
Pages: [1] Print
Author Topic: Foreign Exchange Market Commentary  (Read 846 times)
pranjali
Hero Member
*****
Posts: 452

View Profile
« on: January 24, 2010, 11:09:39 pm »

Foreign Exchange Market Commentary
         


EUR/USD closed higher due to short covering on Friday as it consolidates above the 38% retracement level of the 2008-2009-rally crossing. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold but remain bearish signalling that sideways to lower prices are possible...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/foreign-exchange-market-commentary-20100124105162/
         
Logged
Pages: [1] Print 
« previous next »
 


Login with username, password and session length

Powered by MySQL Powered by PHP SMF 2.0.18 | SMF © 2021, Simple Machines Valid XHTML 1.0! Valid CSS!