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...

Crude Oil Midday Report 26/5/2010

by ecPulse.com | May 26, 2010 11:53 am
Crude breached 70.10 and confirmed it with four-hour closing, signaling the start of a possible bullish correction over intraday basis. Trading has stabilized within the minor ascending channel, in addition to signs of a bullish technical pattern...

Market Pulse: Gold

by ecPulse.com | May 26, 2010 11:05 am
After recording a new historic high at 1249.00, gold indulged in a downside correction for the last upside wave which started from 1044.00 to the mentioned record.

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...

Market Pulse: GBPUSD

by ecPulse.com | May 25, 2010 8:52 am
The pair continues under negative pressure breaching 76.4% correction for the entire medium term bullish wave which started from 1.3653 to 1.7041, structured within the main descending channel over daily basis.

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...

GBPJPY with some details

by ecPulse.com | May 24, 2010 8:39 am
The pair is still trading within the main descending channel shown above; the channel led the pair in a downside correction that did not surpass 76.4% Fibonacci correction for the entire upside wave that started from 118.82...

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...