Saturday, August 23, 2008

UK Economy Freezes Sending the Sterling Lower

Sagiv Perez (22 August 2008)
The prices are about to break the upper band of the standard error challenge since mid April.
The prices broke the MA 20 and 50 lines and are continuing higher.
The MACD is after a bullish cross when the fast line broke the zero line upward and histogram is signaling a rising buying ratio.
The momentum broke the zero line upward.
The RSI is in a bullish trend pointing upward
The Bollinger band are widening signaling for a continuation of the trend

No comments: