Crude Oil Midday Report 26/5/2010

by ecPulse.com | May 26, 2010 11:53 am
Crude breached 70.10 and confirmed it with four-hour closing, signaling the start of a possible bullish correction over intraday basis. Trading has stabilized within the minor ascending channel, in addition to signs of a bullish technical pattern...

Major Currencies’ Morning Report 26/5/2010

by ecPulse.com | May 26, 2010 6:55 am
EURUSD The main support maintained its stance in front of the pair’s attempts to push upwards to retest the previously broken neckline that has turned into resistance, where it currently ascended towards 1.2390. Stochasticis attempting to show negative signs that...

EUR/USD 1.2310 – 26 May 2010

by iFOREX.bg | May 26, 2010 5:06 am
EUR/USD Open 1.2346 High 1.2413 Low 1.2182 Close 1.2344After reaching a new low levels, the Euro corrected insignificantly on Tuesday. Euro/Dollar depreciated from 1.2350 to 1.2182 yesterday, than bounced up to 1.2386 in line with the Interbank...

Major Currencies’ Midday Report 25/5/2010

by ecPulse.com | May 25, 2010 11:43 am
EURUSD The pair activated the morning bearish move expectation and built a base on 1.2305, while it’s currently attacking the main support at 1.2180. Momentum indicators are adding strength to this level, but the previously breached bearish...

Major Currencies’ Morning Report

by ecPulse.com | May 25, 2010 6:14 am
EURUSD The pair continued its negative pressure in order to breach pivotal support shown in red in the image above, where it has currently turned into resistance at 1.2360. We expect this level to be retested due...

EUR/USD 1.2314 – 25 May 2010

by iFOREX.bg | May 25, 2010 5:05 am
EUR/USD Open 1.2349 High 1.2582 Low 1.2286 Close 1.2369After partial recovery, the Euro dropped on Monday with a strong downward impulse. Euro/Dollar depreciated from 1.2582 to 1.2332 yesterday, in line with the Interbank sentiment projection, at around...

Major Currencies’ Midday Report

by ecPulse.com | May 24, 2010 12:16 pm
EURUSD The pair is trading under more negative pressure below the retest level shown above, due to effects from the minor bearish pattern, where its neckline at 1.2470 has been breached. Stochastic entered oversold areas, thus holding...

Major Currencies’ Weekly Report 24-28/May/2010

by ecPulse.com | May 24, 2010 6:25 am
EURUSD The pair continues its bullish movement according to our previous reports, where through the image above, we expect to reach resistance for the main descending channel after its ongoing strong stance for its support. In overall, we...