Forex Brokers

EUR/USD bullish trend with buy above 1.4638

By:   Finotec
  • 25-09-2008
0
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EUR/USD-market strategy can be a buy from the level 1.4638$

EUR/USD-market strategy can be a buy from the level 1.4638$
Technical oscillators 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 have made a bearish cross above 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 bullish approaching over bought levels.


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Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no



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