Major Currencies’ Morning Report 03/6/2010

by ecPulse.com | June 3, 2010 6:14 am
EURUSD The  pivotal support mentioned yesterday at 1.2175,  shown strong steadiness against the negative pressure on the pair; thereby pushing it to the upside to attack resistance for the descending channel that organizes the last bearish intraday trend. ..

Major Currencies’ Midday Report 02/6/2010

by ecPulse.com | June 2, 2010 11:48 am
EURUSDThe pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...

Major Currencies’ Morning Report 02/6/2010

by ecPulse.com | June 2, 2010 6:23 am
EURUSD The pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...

Major Currencies’ Midday Report 01/6/2010

by ecPulse.com | June 1, 2010 12:21 pm
EURUSD The pair settled for 23.6% correction were it built the base after the level turned into resistance from where the pair sharply fell, achieving the awaited key targets for today near 1.2100. An expected minor retest...

Major Currencies’ Morning Report 01/6/2010

by ecPulse.com | June 1, 2010 6:15 am
EURUSD The pair managed to breach support for the ascending channel that has organized the bullish correction wave, where its breached  now and turned into resistance at 1.2315. We could witness some fluctuation that will help the...

Major Currencies’ Midday Report 31/5/2010

by ecPulse.com | May 31, 2010 11:58 am
EURUSD The pair has been trading in a narrow range since this morning due to the holidays in some financial markets; therefore, our morning expectations remain intact supported by Stochastic.

Weekly Technical Analysis for Major Currencies 31/5/2010

by ecPulse.com | May 31, 2010 6:21 am
EURUSD The support levels for the main descending channel has shown a strong stance in front of the third attempt to breach it last week, where the pair moved to the upside due to positive signs appearing...

USDCAD Analysis – May 29, 2010

by ForexCycle.com | May 29, 2010 3:36 am
USDCAD dropped sharply from 1.0852, suggesting that a cycle top is being formed on daily chart. Deeper decline toward the rising trend line from 0.9930 to 1.0110 is expected next week. A clear break below the trend...

Major Currencies’ Midday Report 28/5/2010

by ecPulse.com | May 28, 2010 11:59 am
EURUSD The pair rushed to retest the previously breached support level shown above in red. Momentum indicators are still showing negative signs as the pair reaches the resistance for the minor ascending channel and therefore a minor...

The Rebound

by bforex.com | May 28, 2010 10:51 am
USDCAD:After taking out the 200 day moving average, a cross not seen in more than 1 year, the CAD held firm at major Support of 1.0850. Preceding that bounce off of 1.0850 was the beginning of a...