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...

USDCHF Analysis – July 3, 2010

by ForexCycle.com | July 3, 2010 12:36 am
USDCHF continues its sharply drop and the fall from 1.1730 extends to as low as 1.0585. Resistance levels are at 1.0695 and 1.0820, as long as these levels hold, downtrend is expected to continue and next target...

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...

Major Currencies’ Midday Report 30/ June /2010

by ecPulse.com | June 30, 2010 12:13 pm
EURUSD The pair strongly rushed to the upside and is nearing the retest level for yesterday’s breached channel around 1.2315. The 50 MA is attempting to impede restrict more bullish movement, with stochastic entering overbought areas. Our...

Major Currencies’ Morning Report 30/ June /2010

by ecPulse.com | June 30, 2010 6:54 am
EURUSD The pair reached halfway towards the awaited target yesterday at 1.2070, returning to attempt a retest for the previously breached support at 1.2210. Yesterday’s closing below the mentioned levels makes us expect the bearish intraday trend to...