Major Currencies’ Midday Report 18/ June /2010

by ecPulse.com | June 18, 2010 12:29 pm
EURUSD The pair touched the support for the mentioned ascending channel at 1.2360, as we await a bullish rebound to the upside as our expectations remain intact unless a base is established below 1.2325.

Major Currencies’ Morning Report 18/ June /2010

by ecPulse.com | June 18, 2010 6:21 am
EURUSD The pair continues its upside push within the ascending channel shown in our previous reports, due to the effect of yesterday’s breached bullish technical pattern at 1.2325. Momentum indicators are showing some negativity that may cause...

Major Currencies’ Midday Report 17/ June /2010

by ecPulse.com | June 17, 2010 12:06 pm
EURUSD The pair rushed to the upside to return within the ascending channel shown above, while at the same time activating the bullish technical pattern after breaching the neckline at 1.2325. From here, we expect a bullish...

Major Currencies’ Morning Report 17/ June /2010

by ecPulse.com | June 17, 2010 6:43 am
EURUSDThe negative pressure on the pair has caused a direct negative impact on momentum indicators as the pair descends towards support for the minor upside channel, shown below in the four hour chart. 

Major Currencies’ Midday Report 16/ June /2010

by ecPulse.com | June 16, 2010 12:14 pm
EURUSD The pair touched the mentioned retest level from this morning, where it is currently at 1.2290 as the four hour candlestick closing builds a base above it. Therefore, our morning expectations remain valid as far as...

Longer Time Frames V.S Shorter

by bforex.com | June 16, 2010 6:45 am
Every trader has a system that works for them. Some require more patience than others while other require a quicker reaction time. Some systems work best during ranging times while other work best during trending times.

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...

Support & Resistance Levels

by bforex.com | June 15, 2010 8:47 am
USDCAD: This continues to be an interesting pair to watch as many technicians believe the price action on the CAD will be a leading indicator for the rest of the G-7. Here are the Support & Resistance...

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.