Crude Oil Midday Report 22/ July /2010

by ecPulse.com | July 22, 2010 12:46 pm
Crude is currently fluctuating around the retest level for the previously breached support level that presently ascended to 76.95, due to the effect of the bullish momentum on Stochastic. We hold onto our morning expectations as long as...

Major Currencies’ Midday Report 22/ July /2010

by ecPulse.com | July 22, 2010 12:39 pm
EURUSDThe pair strongly rushed to the upside to attempt to surpass the retest for the support of the previously breached rising wedge, where it is heading towards the resistance level for the bullish channel that has returned...

Gold in Depth

by ecPulse.com | July 22, 2010 9:05 am
Gold is fluctuating near the critical support for the medium term bullishness as seen above. Following the last steep downside wave, the support held against gold’s downside attempts supported by the 100 Days MA and positive signs...

Major Currencies’ Morning Report 22/ July /2010

by ecPulse.com | July 22, 2010 6:32 am
EURUSDThe pair respected yesterday’s presented scenario, and currently fluctuates with a slight bias to the upside due to the effect of positive momentum. We expect the pair to retest 1.2820 –support for the breached rising wedge yesterday–...

Crude Oil Morning Report 22/ July /2010

by ecPulse.com | July 22, 2010 6:24 am
Crude succeeded in achieving yesterday’s suggested scenario, where it had managed to cause major negative pressure yesterday due to the breach of support for the bullish channel shown below. The stochastic is showing bullish signs that may...

Major Currencies’ Midday Report 21/ July /2010

by ecPulse.com | July 21, 2010 12:04 pm
EURUSDThe pair succeeded in breaching the pivotal support levels mentioned this morning at 1.2845, as it attempts to stabilize below it to insure that morning scenario is activated. From here, morning expectations will remain intact as long...

Crude Oil Midday Report 21/ July /2010

by ecPulse.com | July 21, 2010 11:58 am
Crude maintains pursuing the retest of support for the previously breached rising wedge; whereas overbought signs continue appearing though momentum indicators. Therefore, morning expectations will remain intact if the daily closing is above 78.50.

Silver in Depth

by ecPulse.com | July 21, 2010 9:06 am
The last short term upside wave which started after reaching the support for the medium term trend at 14.63 ended at the recorded top of 19.80, from where silver started a downside correction as seen on the...

Major Currencies’ Morning Report 21/ July /2010

by ecPulse.com | July 21, 2010 7:26 am
EURUSDThe pair descended sharply yesterday to retest the resistance for bullish channel previously breached and turned into support, which currently ascended towards 1.2845. Signs of a bearish pattern which is a rising wedge are seen over four-hour...

Crude Oil Morning Report 21/ July /2010

by ecPulse.com | July 21, 2010 6:43 am
Crude pushed yesterday to retest support for the rising wedge previously shown, where it is currently ascending around 78.00, accompanied by momentum indicators entering overbought areas. Therefore, we hold onto yesterday’s scenario where we expect a bearish intraday...