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...

EUR/USD 1.2291 – 28 May 2010

by iFOREX.bg | May 28, 2010 5:04 am
EUR/USD Open 1.2340 High 1.2394 Low 1.2153 Close 1.2359After slowing down, the bearish trend weakened, and the Euro showed first signs of recovery on Thursday. Euro/Dollar appreciated from 1.2153 to 1.2394 yesterday, in converse with the Interbank...

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.

Consolidation, A Break From The EUR

by bforex.com | May 27, 2010 7:18 am
GBPUSD: The Pound has begun to consolidate at 1.44. Notice the last several down candles have all had long lower wicks. The implication is that Sellers are forcing price down but there are enough buyers in the...

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...

EUR/USD 1.2285 – 27 May 2010

by iFOREX.bg | May 27, 2010 5:14 am
EUR/USD Open 1.2171 High 1.2340 Low 1.2153 Close 1.2181After a partial correction, the Euro continued weakening on Wednesday, as expected. Euro/Dollar depreciated from 1.2340 to 1.2153 yesterday, in line with the Interbank sentiment projection, at around -10%,...

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...