Forex Market to Move on News Coming from Europe and Canada

September 8, 2009 by ForexYard  
Filed under Daily Forex Analysis

Silver:

Silver prices rose significantly in the last month and peaked at $16.41 per ounce. However, there is a bearish cross on the daily chart’s Slow Stochastic suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. This might be a good opportunity for forex traders to enter the trend at a very early stage.

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