Following the recent sideways consolidation in the 86.25 price area the euro to pounds pair has failed to hold at this level, with a consequent return to a heavily bearish picture once again. Both Tuesday’s and Wednesday’s widespread down candles propelled the pair through the...
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Euro Pound Technical Analysis 24 Nov 2009
Last Wednesday’s bullish engulfing candle for the $uros to poundsr was duly confirmed in subsequent trading towards the end of the week, with both Thursday and Friday ending the trading sessions higher as the pair breached both the 9 day and 14 day moving averages...
Euro Pound Technical Analysis 16 Nov 2009
A week of sideways price action for the $uros to poundsr, with the 0.89 price level now seeming to provide a platform of potential support, with the end of the week failing to confirm the bearish engulfing signal of Wednesday, with the above level offering...
Euro Pound Technical Analysis 4 Nov 2009
A tricky $echnicalture for the $uros to poundsr at present, and whilst the short term picture remains bearish, the support level now immediately below may well prove to be a key area as the currency pair pause following the steep falls of the last few...
Euro Pound Technical Analysis – 2 Nov 2009
An interesting end to the week for the $uros to poundsr which concluded with another down day (allbeit a small one) making it five in a row for the currency pair. Friday’s candle was the leased dramatic of the five, ending as a small doji...
Euro Pound Technical Analysis 26 Oct 2009
The $uros to poundsr was another of the currency pairs which saw a significant and substantial price movement on Friday as the currency markets reacted to the shocking GDP data from the UK, which came in at -0.4% against a forecast of 0.2%. Indeed the...
Pound Euro Chart Analysis 19 oct 2009
The sudden renewal of interest in the UK pound, was emphasised once again on Friday, as the $uros to poundsr broke lower once again, albeit with a narrow spread down bar, which merely confirmed the wide spread down candle of the previous day, which breached...
Pound Euro Chart 14 Oct 2009
The $uros to poundsr stopped for breath yesterday following its long run higher, ending the trading session with a shooting star candle which although reached the 0.94 price handle, is suggesting a degree of bearish sentiment and exhaustion in the current upwards trend. As a...
Euros to Pounds – Euro Pound Chart 12th October 2009
The bullish momentum for the $uros to poundsr returned with a vengeance on Friday with the pair ending the week and the trading session with a solid wide spread up bar, which importantly had no shadow to the upper part of the candle, a further...
Technical Analysis Pound Euro 28 Sep 2009
The $uros to poundsr continued to push higher on Friday once again, closing the week and the session in a positive mood, with a narrow spread up bar and a deep lower shadow, suggesting that we will see a continuation of the bullish tone once...
