EUR/USD 1.2301 – 31 May 2010

by iFOREX.bg | May 31, 2010 5:02 am
EUR/USD Open 1.2276 High 1.2434 Low 1.2153 Close 1.2268After partial recovery on Friday, Euro/Dollar lost its daily gains. Euro/Dollar appreciated from 1.2290 to 1.2434 on Friday, in converse with the Interbank sentiment projection, at around -11%, than...

EURUSD Analysis – May 29, 2010

by ForexCycle.com | May 29, 2010 3:30 am
EURUSD remains in downtrend and the price action from 1.2144 is more likely consolidation of downtrend. Rang trading between 1.2144 and 1.2671 is expected to continue next week. Support is at 1.2144, a breakdown below this level...

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...

The Rebound

by bforex.com | May 28, 2010 10:51 am
USDCAD:After taking out the 200 day moving average, a cross not seen in more than 1 year, the CAD held firm at major Support of 1.0850. Preceding that bounce off of 1.0850 was the beginning of a...

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...