USD/JPY 87.14 – 22 July 2010

by iFOREX.bg | July 23, 2010 10:05 am
USD/JPY Open 87.16 High 87.21 Low 86.36 Close 86.92 Dollar/Yen resumed increasing on Thursday, in converse with the negative Interbank sentiment at around -4%. The currency couple appreciated from 86.36 to 87.18 yesterday, closing the day at...

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...

Major Currencies’ Midday Report 22/ July /2010

by ecPulse.com | July 22, 2010 12:39 pm
EURUSDThe pair strongly rushed to the upside to attempt to surpass the retest for the support of the previously breached rising wedge, where it is heading towards the resistance level for the bullish channel that has returned...

USD/JPY 86.77 – 22 July 2010

by iFOREX.bg | July 22, 2010 10:05 am
USD/JPY Open 86.90 High 87.42 Low 86.43 Close 87.02 Dollar/Yen started decreasing on Wednesday, in converse with the positive Interbank sentiment at nearly +11%. The currency couple depreciated from 87.42 to 86.84 yesterday, closing the day at...

Major Currencies’ Morning Report 22/ July /2010

by ecPulse.com | July 22, 2010 6:32 am
EURUSDThe pair respected yesterday’s presented scenario, and currently fluctuates with a slight bias to the upside due to the effect of positive momentum. We expect the pair to retest 1.2820 –support for the breached rising wedge yesterday–...

The Dollar is Slipping To Dangerous Levels

by bforex.com | July 22, 2010 6:18 am
USDJPY: We are seeing strong JPY Support building in at 87.50. The JPY is also in the middle of a volatile Step pattern which is generating lower highs and lower lows. If the JPY breaks Support and...

Major Currencies’ Midday Report 21/ July /2010

by ecPulse.com | July 21, 2010 12:04 pm
EURUSDThe pair succeeded in breaching the pivotal support levels mentioned this morning at 1.2845, as it attempts to stabilize below it to insure that morning scenario is activated. From here, morning expectations will remain intact as long...

USD/JPY 87.12 – 21 July 2010

by iFOREX.bg | July 21, 2010 10:02 am
USD/JPY Open 87.27 High 87.57 Low 86.69 Close 87.48 Dollar/Yen continued the upward adjustment on Tuesday, in line with the positive Interbank sentiment at nearly +1%. The currency couple appreciated from 86.69 to 87.57 yesterday, closing the...

Major Currencies’ Morning Report 21/ July /2010

by ecPulse.com | July 21, 2010 7:26 am
EURUSDThe pair descended sharply yesterday to retest the resistance for bullish channel previously breached and turned into support, which currently ascended towards 1.2845. Signs of a bearish pattern which is a rising wedge are seen over four-hour...

Major Currencies’ Midday Report 20/ July /2010

by ecPulse.com | July 20, 2010 12:04 pm
EURUSDThe pair breached 1.2985 yet with no confirmations, where the four-hour closing was below this level as the pair started a sharp descend that neared  pivotal support levels between 1.2890 – 1.2860. The breach of the mentioned...