Major Currencies’ Morning Report 28/5/2010

by ecPulse.com | May 28, 2010 6:19 am
EURUSD The pair almost managed to achieve the key awaited target from yesterday at 1.2420, but support levels have halted this ascend – 38.2% Fibonacci and the minor ascending channel in addition to the MA 50 accompanied...

Major Currencies’ Midday Report 27/5/2010

by ecPulse.com | May 27, 2010 11:57 am
EURUSD The pair managed to breach the morning pivotal resistance at 1.2290. Stochastic is showing positive signs that support the suggested scenario, therefore our expectations remain valid as far as 1.2150 remains intact.

Major Currencies’ Morning Report 27/5/2010

by ecPulse.com | May 27, 2010 6:26 am
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly, but main support had descended to 1.2150 maintaining a strong stance in front of achieving more downside movement. Currently accompanying it would be positive signs appearing on Stochastic that...

Major Currencies’ Midday Report

by ecPulse.com | May 26, 2010 11:57 am
EURUSD The pair attempted to breach the awaited support level at 1.2290, where it continues to fluctuate around it. Stochastic provided a negative crossover and accordingly our morning expectations remain intact unless the pair stabilizes above 1.2390...

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...

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...

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...

USDCAD Analysis – May 22, 2010

by ForexCycle.com | May 22, 2010 2:05 am
USDCAD’s bounce from 0.9930 extends to as high as 1.0749 level. Further rally is still possible next week and next target would be at 0.0850-1.0900 area. Support is now at 1.0425 followed by the rising trend line...