GBP/USD 1.5612 – 29 July 2010

by iFOREX.bg | July 29, 2010 7:57 am
GBP/USD Open 1.5599 High 1.5634 Low 1.5567 Close 1.5597 On Wednesday Pound/Dollar continued with slight ascending, in line with the positive Interbank sentiment at around +13%. The Cable appreciated from 1.5567 to 1.5634 yesterday, closing the day...

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...

GBP/USD 1.5565 – 28 July 2010

by iFOREX.bg | July 28, 2010 9:30 am
GBP/USD Open 1.5584 High 1.5618 Low 1.5445 Close 1.5591 On Tuesday Pound/Dollar continued ascending, in line with the positive Interbank sentiment at around +13%. The Cable appreciated from 1.5445 to 1.5599 yesterday, closing the day at 1.5591.

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...

Breakouts as Dollar Falters

by bforex.com | July 28, 2010 6:10 am
GBPUSD: The GBP has now broken free of the prior high and has converged on the 200 day moving average. The GBP has not traded above the 200 day MA since late January. A close above the...

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...

GBP/USD 1.5462 – 26 July 2010

by iFOREX.bg | July 26, 2010 8:07 am
GBP/USD Open 1.5419 High 1.5500 Low 1.5259 Close 1.5422 On Friday Pound/Dollar sharply rose, in line with the positive Interbank sentiment at nearly +11%, staying within this week’s range. The Cable appreciated from 1.5259 to 1.5439 on...

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...