Major Currencies’ weekly Report 02/ August /2010

by ecPulse.com | August 2, 2010 7:00 am
EURUSDThe pair succeeded in consolidating above the 61.8%correction at 1.2990 stable within the ascending channel shown below. Momentum indicators provided negative signals that might push the pair to the downside to retest this level, yet in general...

Crude Oil Midday Report 28/ July /2010

by ecPulse.com | July 28, 2010 11:51 am
Crude retested levels around 77.75 and reversed to the downside after the MA 50 added additional strength to pivotal resistance levels; therefore, morning expectations will remain intact if we do not witness stability in trading above 77.75.

Major Currencies’ Midday Report 28/ July /2010

by ecPulse.com | July 28, 2010 11:49 am
EURUSDThe pair continues fluctuating around the pivotal resistance of 1.2990 keeping in mind that the stochastic has started to move to the upside. No notable change it witnessed, therefore morning expectations will remain intactas long as the daily...

GBP CHF in Depth

by ecPulse.com | July 28, 2010 8:59 am
Studying the daily chart for the pair, we can see that it managed to breach resistance of the bearish short-term trend at 1.6440 and succeeded in retesting it in many occasions, while it is going to the...

Major Currencies’ Morning Report 28/ July /2010

by ecPulse.com | July 28, 2010 6:41 am
EURUSDThe pair is finding a hard time surpassing the pivotal resistance of 1.2990, fluctuating below this level and above resistance for the previously breached bullish channel. This fluctuation has helped the pair to gain bullish momentum that we...

Crude Oil Morning Report 28/ July /2010

by ecPulse.com | July 28, 2010 6:28 am
Crude managed to achieve a strong breach of support for the sideway range 78.50 surpassing the awaited key target at 77.35, breaching support for the short term bullish channel and stabilized below it. Momentum indicators are showing...

Crude Oil Midday Report 27/ July /2010

by ecPulse.com | July 27, 2010 11:25 am
Crude continues to move within the sideway range shown below with minimum change worth mentioning since this morning. Thus, we hold onto our morning expectations and recommend returning to insure levels that must be watched, as well as...

NZD USD in Depth

by ecPulse.com | July 27, 2010 9:16 am
The pair managed to breach the correctional downside channel which led the downside correction that began from the permanent peak at 0.7634. This correction shows that it stopped at 38.2% Fibonacci around 0.6585 moving to the upside...

Major Currencies’ Morning Report 27/ July /2010

by ecPulse.com | July 27, 2010 6:58 am
EURUSDThe pair succeeded in breaching 1.2935 and headed to the upside but it is not able till now to stabilize above 61.8% Fibonacci around 1.2990. Momentum indicators are showing negative signs that might force the pair to attempt a...

Crude Oil Morning Report 27/ July /2010

by ecPulse.com | July 27, 2010 6:53 am
Crude’s trading is trapped within a sideway range between 78.50 and 79.35, where it is currently midway within the current bullish channel; therefore, any breach of both these levels will help crude gain speed in direction, where breaching...