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...

USDCHF Analysis – May 29, 2010

by ForexCycle.com | May 29, 2010 3:36 am
USDCHF remains in uptrend from 1.0434 and the fall from 1.1695 is treated as consolidation of uptrend. Support is now at 1.1400, as long as this level holds, we’d expect uptrend to resume and another rise to...

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...

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...