Crude Oil closed higher overnight as it extends Tuesday's rally above the 20-day moving average. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If its extends this week's rally, the reaction high crossing is the next upside target. Closes below the 10-day moving average crossing are needed to confirm that a short-term top has been posted.
Forex Trader Library
Receive over 15 hours (8 CD's) of our best Forex trading education in one package! Containing the newest Advanced Forex CD, this education pack focuses on exactly what you need to know to become a successful Forex Trader.