Forex | Forex Strategies | Technical Aspects Dominating Forex Again (26/08/2009 09:20:48)

Technical Aspects Dominating Forex Again

As fundamental data point to a joint recovery of the global economy - let alone how the recovery will develop - Forex is focusing on market and technical aspects again. This is well illustrated by the USD’s behavior, refusing to break its support lines, especially in oversold condition. There is simply more time that needs to elapse before a true quantitative analysis of which economy is developing faster than the other can be made, in other words, where the cycle stands for each country. Only


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