Major Currencies’ Midday Report 14/ July /2010

by ecPulse.com | July 14, 2010 12:26 pm
EURUSDThe pair is trading within a narrow sideway range since this morning while negative momentum is still appearing on the four-hour chart below. There is no mentionable change and therefore morning expectations will remain intact if we do...

Major Currencies’ Midday Report 13/ July /2010

by ecPulse.com | July 13, 2010 11:22 am
EURUSDThe pair attacked the critical 1.2545 support but reversed to the upside to stabilize above it once again. Accordingly our morning scenario is activated and remains valid as far as areas of 1.2470 remain intact.

Major Currencies’ Morning Report 13/ July /2010

by ecPulse.com | July 13, 2010 6:04 am
EURUSDThe critical support area of 1.2545 held against the pair supported by the 50 MA and positive momentum on Stochastic. Therefore, we see the likelihood for an intraday upside move targeting the channel’s resistance at 1.2750; nonetheless, we...

Major Currencies’ Midday Report 12/ July /2010

by ecPulse.com | July 12, 2010 1:34 pm
EURUSDThe pair is trading around the morning mentioned pivotal support level at 1.2565 in an attempt to build a base and start the suggested bullish wave. Our morning expectations remain intact, supported by Stochastic but keep in...

Major Currencies’ weekly Report 12/ July /2010

by ecPulse.com | July 12, 2010 6:48 am
EUR USDThe pair neared 50% Fibonacci correction and bearishly reversed due to the effect of the negative signs appearing on momentum indicators. We can expect a base to be built on 1.2565 that represents the previously broken...

USDCHF Analysis – July 10, 2010

by ForexCycle.com | July 10, 2010 1:36 am
USDCHF remains in downtrend from 1.1730 and the fall extends further to as low as 1.0480 level. Key resistance is at 1.0695, as long as this level holds, downtrend will continue, however, a break above this level...

Major Currencies’ Midday Report 09/ July /2010

by ecPulse.com | July 9, 2010 12:35 pm
EURUSDThe pair is currently trading at the support for the rising wedge shown in our morning report, where it is presently at 1.2660; while Stochastic is gradually unloading the negative momentum. Accordingly we expect the start of...

Major Currencies’ Morning Report 09/ July /2010

by ecPulse.com | July 9, 2010 6:31 am
EURUSDThe pair continued its upside movement to touch 1.2700 while keeping an eye on the narrow and gradual range of trading, where as we ascend it may form a bullish wedge within the current minor ascending channel...

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.