EUR/USD 1.2169 – 14 June 2010

by iFOREX.bg | June 14, 2010 5:09 am
EUR/USD Open 1.2145 High 1.2206 Low 1.2057 Close 1.2106On Friday Euro/Dollar recovered further in the morning, that made a deep correction. The European currency appreciated to 1.2147 on Friday, than bounced down to 1.2057, in line with...

EURUSD Analysis – June 12, 2010

by ForexCycle.com | June 12, 2010 2:20 am
EURUSD remains in downtrend from 1.5144 and the bounce from 1.1876 is treated as consolidation of downtrend. Resistance is at the falling price channel on daily chart, now at 1.2340, as long as the channel resistance holds,...

Major Currencies’ Midday Report 11/ June /2010

by ecPulse.com | June 11, 2010 11:31 am
EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.

Major Currencies’ Morning Report 11/ June /2010

by ecPulse.com | June 11, 2010 6:30 am
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...

EUR/USD 1.2102 – 11 June 2010

by iFOREX.bg | June 11, 2010 6:21 am
EUR/USD Open 1.2104 High 1.2142 Low 1.1958 Close 1.2126On Thursday Euro/Dollar continued to recover as expected. The European currency appreciated from 1.1958 to 1.2142 yesterday, in converse with the Interbank sentiment projection, at nearly -10%, closing the...

Major Currencies’ Morning Report 10/6/2010

by ecPulse.com | June 10, 2010 6:06 am
EURUSD The pair rushed to the upside breaching 1.1990, trading in the channel shown above, and also extending the upside move towards 61.8% at 1.2150, which meets the resistance for the downside channel. 

EUR/USD 1.2030 – 10 June 2010

by iFOREX.bg | June 10, 2010 5:29 am
EUR/USD Open 1.1989 High 1.2071 Low 1.1926 Close 1.1980On Wednesday Euro/Dollar traded rose sharply as expected. The European currency appreciated from 1.1926 to 1.2071 yesterday, in converse with the Interbank sentiment projection, at around -16%, closing the...

Major Currencies’ Midday Report 09/6/2010

by ecPulse.com | June 9, 2010 11:56 am
EURUSD The pair neared the awaited retest level that has currently descended towards 1.1990, where our morning expectations remain intact; while keeping in mind that a four-hour closing above the mentioned level wil l trigger a bullish...

EUR/USD 1.1931 – 9 June 2010

by iFOREX.bg | June 9, 2010 7:31 am
EUR/USD Open 1.1919 High 1.2000 Low 1.1903 Close 1.1915On Tuesday Euro/Dollar traded within a 100 pip trading range. The European currency appreciated from 1.1903 to 1.2 yesterday, in converse with the Interbank sentiment projection, at around -16%,...

Major Currencies’ Morning Report 09/6/2010

by ecPulse.com | June 9, 2010 6:41 am
EURUSDThe pair is trading within the secondary ascending channel that is forming the flag pattern, where we expect it to lead to a retest of the previously broken support level that has descended towards 1.1995, as it naturally...