EUR/USD-market strategy indicates buying levels from the $1.2381

Technical oscillators are supporting the bullish trend for the currency pair

Tammy Wally
25 May 2010

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EUR/USD-market strategy indicates buying levels from the $1.2381 Technical oscillators are supporting the bullish trend for the currency pair. To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bullish direction and crossing below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. Selling from $1.2543 on a break.

EUR/USD 18-05-10

Finotec Analysis Team
25 May 2010

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Real Time Forex Quotes

 Contract Bid Ask Time Change
EUR/USD 1.2821 1.2823 05:32:55 0.00%

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