Major Currencies’ Morning Report 23/ July /2010

by ecPulse.com | July 23, 2010 6:32 am
EURUSDThe pair returned within the support for the previously breached rising wedge and above resistance for the bullish channel that represents the medium term bullish direction. This makes chances of returning the bullish trend returning within the...

EUR/USD 1.2885 – 23 July 2010

by iFOREX.bg | July 23, 2010 5:17 am
EUR/USD Open 1.2901 High 1.2922 Low 1.2739 Close 1.2891 On Thursday Euro/Dollar changed direction and started increasing as a result of optimism returning to the market. The European currency appreciated from 1.2739 to 1.2922 yesterday, not exactly...

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...

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–...

The Dollar is Slipping To Dangerous Levels

by bforex.com | July 22, 2010 6:18 am
USDJPY: We are seeing strong JPY Support building in at 87.50. The JPY is also in the middle of a volatile Step pattern which is generating lower highs and lower lows. If the JPY breaks Support and...

EUR/USD 1.2779 – 22 July 2010

by iFOREX.bg | July 22, 2010 5:30 am
EUR/USD Open 1.2768 High 1.2910 Low 1.2733 Close 1.2752 After some hesitation, on Wednesday Euro/Dollar continued dropping. The European currency depreciated from 1.2910 to 1.2733 yesterday, not matching the neutral Interbank sentiment projection, at -0.5%, closing the...

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...

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...

EUR/USD 1.2890 – 21 July 2010

by iFOREX.bg | July 21, 2010 5:42 am
EUR/USD Open 1.2892 High 1.3022 Low 1.2842 Close 1.2882 After partial continuation of the ascending impulse, on Tuesday Euro/Dollar sharply dropped. The European currency depreciated from 1.3022 to 1.2842 yesterday, not matching the neutral Interbank sentiment projection,...

Major Currencies’ Midday Report 20/ July /2010

by ecPulse.com | July 20, 2010 12:04 pm
EURUSDThe pair breached 1.2985 yet with no confirmations, where the four-hour closing was below this level as the pair started a sharp descend that neared  pivotal support levels between 1.2890 – 1.2860. The breach of the mentioned...