Major Currencies’ Midday Report 08/ July /2010

by ecPulse.com | July 8, 2010 11:55 am
EURUSDThe pair is trading within a narrow range since this morning with bearish bias in an attempt to touch the awaited support at 1.2610. Our morning expectations remain intact.

Major Currencies’ Morning Report 08/ July /2010

by ecPulse.com | July 8, 2010 6:37 am
EURUSD The pair was able to achieve yesterday’s awaited ascending actions to touch the primary target around 1.2670, where it continues to move within the minor bullish channel shown in the image below.

Major Currencies’ Midday Report 07/ July /2010

by ecPulse.com | July 7, 2010 11:33 am
EURUSD The pair is approaching the awaited support around 1.2540, accompanied by Stochastic riding of negative momentum appearing on it. Therefore, morning expectations will remain intact as long as trading remains above 1.2470.

Major Currencies’ Morning Report 07/ July /2010

by ecPulse.com | July 7, 2010 6:52 am
EURUSDThe pair was able to surpass 1.2600 to achieve its highest level yesterday around 1.2660, but due to the negative pressure on the pair to attempt some bearish correction; therefore we can expect to build a base...

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...

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...

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...

USDCAD Analysis – July 3, 2010

by ForexCycle.com | July 3, 2010 12:36 am
USDCAD broke above the falling trend line from 1.0852 to 1.0678, suggesting that a cycle bottom had been formed at 1.0138 level on daily chart, and the fall from 1.0852 had completed at 1.0138 already. Further rally...

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.

Major Currencies’ Morning Report 01/ July /2010

by ecPulse.com | July 1, 2010 6:25 am
EURUSD SMA 50 was able to halt the pair’s upside push as bearish signs helped it through Stochastic indicator, where the pair is currently heading towards pivotal support around 1.2150; representing the suggested neckline for the bearish technical...