Major Currencies’ Midday Report 28/ July /2010

by ecPulse.com | July 28, 2010 11:49 am
EURUSDThe pair continues fluctuating around the pivotal resistance of 1.2990 keeping in mind that the stochastic has started to move to the upside. No notable change it witnessed, therefore morning expectations will remain intactas long as the daily...

Major Currencies’ Morning Report 28/ July /2010

by ecPulse.com | July 28, 2010 6:41 am
EURUSDThe pair is finding a hard time surpassing the pivotal resistance of 1.2990, fluctuating below this level and above resistance for the previously breached bullish channel. This fluctuation has helped the pair to gain bullish momentum that we...

EUR/USD 1.2988 – 28 July 2010

by iFOREX.bg | July 28, 2010 5:15 am
EUR/USD Open 1.2988 High 1.3043 Low 1.2954 Close 1.2992 On Tuesday the Euro/Dollar traded hesitantly and within a range. The European currency depreciated from 1.3043 to 1.2954 yesterday, almost matching the neutral Interbank sentiment projection, at around...

Major Currencies’ Morning Report 27/ July /2010

by ecPulse.com | July 27, 2010 6:58 am
EURUSDThe pair succeeded in breaching 1.2935 and headed to the upside but it is not able till now to stabilize above 61.8% Fibonacci around 1.2990. Momentum indicators are showing negative signs that might force the pair to attempt a...

Major Currencies’ Midday Report 26/ July /2010

by ecPulse.com | July 26, 2010 11:45 am
EURUSDThe pair is fluctuating around the resistance for the bullish channel attempting to confirm its breach; however, the negativity by Stochastic is pressuring the pair to move to the downside. We hold onto our morning expectations, aswe...

Forex Market Not Impressed With European Bank Stress Tests

by bforex.com | July 26, 2010 8:09 am
EURUSD: The EUR continues to consolidate near the 100 day moving average. The EUR is holding above trend line support, however, analysts remain cautious as a horizontal breach of trend line support is often followed by a...

Major Currencies’ weekly Report 26/ July /2010

by ecPulse.com | July 26, 2010 6:52 am
EURUSDThe pair continues its positive bullish pressure stabilizing trading above 50% and below 61.8% Fibonacci correction, while ongoing signs of a bullish trend appear as its neckline meets with 61.8% at 1.2995 accompanied by positive signs appearing...

EURUSD Analysis – July 24, 2010

by ForexCycle.com | July 24, 2010 2:33 am
EURUSD remains in uptrend from 1.1876 and the fall from 1.3028 is treated as consolidation of uptrend. Support is now at 1.2732, as long as this level holds, another rise to 1.3200-1.3300 is still possible next week,...

Major Currencies’ Midday Report 23/ July /2010

by ecPulse.com | July 23, 2010 12:29 pm
EURUSDThe pair attempted to breach the support for the rising wedge once again, but reversed strongly to the upside with clear bullish momentum. We recommend observing trading today, especially as we await the stress tests results later today...

Major Currencies’ Morning Report 23/ July /2010

by ecPulse.com | July 23, 2010 6:32 am
EURUSDThe pair returned within the support for the previously breached rising wedge and above resistance for the bullish channel that represents the medium term bullish direction. This makes chances of returning the bullish trend returning within the...