Major Currencies’ Midday Report 06/ July /2010

by ecPulse.com | July 6, 2010 11:54 am
EURUSD The pair rushed to the upside but was unable to stabilize above 1.2600. Stochastic lost the bullish momentum, which could push the pair lower to retest the morning suggested areas before resuming to the upside; targets...

Crude Oil Midday Report 06/ July /2010

by ecPulse.com | July 6, 2010 11:48 am
Crude managed to strongly breach 72.05 targeting $73.00 per barrel, due to the positive effect of the clear momentum indicators within the four hour chart. The stochastic is losing bullish momentum and nearing overbought areas, thus making...

Dow Jones in Depth

by ecPulse.com | July 6, 2010 10:16 am
The DJIA completed the formation of a bearish pattern mentioned in our previous report on June 24. The index managed to breach its neckline at 9790.00 activating the pattern which pushed the index south over short term...

Major Currencies’ Morning Report 06/ July /2010

by ecPulse.com | July 6, 2010 6:38 am
EURUSD The pair is approaching the retesting levels as shown yesterday around 1.2470 and has bullishly rebound due to the positivity of momentum indicators. The expected direction for today is bullish , supported by momentum indicators, alongside SMA 50 that protects...

Crude Oil Morning Report 06/ July /2010

by ecPulse.com | July 6, 2010 6:29 am
Crude continued its bearish pressure to breach 61.8% Fibonacci correction for the final ascend that will start from 67.15 towards the recorded top at 79.90. This makes us expect more bearish intraday movement today, where targets start at...

DAX in Depth

by ecPulse.com | July 5, 2010 8:48 am
The index exited the bullish medium term channel which started from the recorded bottom at 3587.00. Currently trading stabilized below the breached support which turned into resistance at 6235.00 which is the gateway for the index to...

Major Currencies’ weekly Report 05/ July /2010

by ecPulse.com | July 5, 2010 6:58 am
EURUSD The pair was able to insure a breach of the neckline at 1.2470 to activate the bullish technical pattern shown in our previous reports, where it succeeded in surpassing resistance for the main bearish channel shown...

Crude Oil weekly Report 05/ July /2010

by ecPulse.com | July 5, 2010 6:50 am
Crude stabilized trading below support for the key ascending channel after insuring the breach of the neckline for the bullish technical pattern, shown below. We still see that there are bearish targets for this pattern that have...

Major Currencies’ Midday Report 01/ July /2010

by ecPulse.com | July 1, 2010 11:56 am
EURUSD The pair strongly rushed to the upside attacking the retest level for the previously breached minor bullish channel at 1.2335, due to positive effect from momentum indicators.

Crude Oil Midday Report 01/ July /2010

by ecPulse.com | July 1, 2010 11:49 am
Crude breached the support for the bullish channel at 74.60 with four-hour closing, although it returned to the upside due to the positive signs from momentum indicators. Trading below the vital support areas starting from 75.20 will...