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Technical Indicators

By:

Finotec

06-10-2008

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GBP/USD (Technical Indicators)

Crossing of two moving averages and closing price of the candle is below the short term moving averages.

RSI (Relative Strength Index) pointing downwards.

MACD crosses the signal line and is pointing downwards.

Bollinger gives us a bearish signal after closing the candle below the middle band.

GBP/USD (Daily Chart)

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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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