Major Currencies’ Morning Report 16/ June /2010

by ecPulse.com | June 16, 2010 6:35 am
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly breaching the neckline at 1.2295, while the daily closing is above it although it stands as a temporary barrier for the bullish intraday channel in front...

Major Currencies’ Midday Report 15/ June /2010

by ecPulse.com | June 15, 2010 12:34 pm
EURUSD e pair declined inline with expectations to build a base on 1.2160 and then started the bullish wave supported by positive signs on Stochastic. Our expectations remain intact awaiting the bullish pattern to be activated by...

Major Currencies’ Morning Report 15/ June /2010

by ecPulse.com | June 15, 2010 6:30 am
EURUSD The pair started its gradual descend naturally within the upside intraday channel shown yesterday, in an attempt to build a base on its support level around 1.2160 currently. 

Major Currencies’ Midday Report 14/ June /2010

by ecPulse.com | June 14, 2010 11:46 am
EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...

GBP/USD 1.4644 – 14 June 2010

by iFOREX.bg | June 14, 2010 8:05 am
GBP/USD Open 1.4581 High 1.4743 Low 1.4511 Close 1.4546After a slight increase on Friday, Pound/Dollar lost all Thursday’s gains, in line with negative Interbank sentiment at around -34%. The Cable depreciated from 1.4745 to 1.4506 on Friday,...

Major Currencies’ weekly Report 14/ June /2010

by ecPulse.com | June 14, 2010 6:56 am
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130. 

GBPUSD Analysis – June 12, 2010

by ForexCycle.com | June 12, 2010 2:21 am
GBPUSD might be forming a cycle top at 1.4769 level on daily chart. Key support is at 1.4230, a break below this level will confirm the cycle top, then another fall towards 1.4000 could be seen. Resistance...

Major Currencies’ Midday Report 11/ June /2010

by ecPulse.com | June 11, 2010 11:31 am
EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.

GBP/USD 1.4693 – 11 June 2010

by iFOREX.bg | June 11, 2010 8:01 am
GBP/USD Open 1.4704 High 1.4743 Low 1.4511 Close 1.4713On Thursday Pound/Dollar continued climbing, in converse with negative Interbank sentiment at around -44%. The Cable appreciated from 1.4398 to 1.4719, closing the day at 1.4713. Today increasing extended...

Major Currencies’ Morning Report 11/ June /2010

by ecPulse.com | June 11, 2010 6:30 am
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...