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...

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. 

Major Currencies’ Midday Report 14/ June /2010

by ecPulse.com | June 14, 2010 11:46 am
EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...

Major Currencies’ weekly Report 14/ June /2010

by ecPulse.com | June 14, 2010 6:56 am
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130. 

USDCHF Analysis – June 12, 2010

by ForexCycle.com | June 12, 2010 2:23 am
USDCHF broke below the rising price channel on daily chart, suggesting lengthier consolidation of uptrend from 0.9917 is underway. Rang trading between 1.1200 and 1.1730 is expected in a next several weeks. As long as 1.1200 support...