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 vs Pound – Chart Analysis 18th March 2010
Yesterday’s wide spread down candle on the daily chart for the $uros to poundsr, signalled a short term change in sentiment, ending the $orex tradingsion below both the 9 and 14 day moving averages, which both failed to provide any support to the move lower....
Euros To Pounds – Daily Chart Analysis
The $uros to poundsrong> pair continued its slow recovery yesterday, following the recent sharp sell off, which saw the pair break below the recent sideways consolidation between 0.9150 and 0.8850, to retest support in the 0.86 region earlier in the month. Indeed this hammer candle...
Euro Pound Technical Anlaysis – Daily Chart 12th January 2010
The $uros to poundsr continued to trade in a narrow range yesterday, ending the currency trading session with a narrow spread up candle, with small shadows to both top and bottom, and which once again reinforced the indecisive market conditions that are currently exhibited by...
Euros to Pounds – Daily Chart 8th January 2010
The $uros to poundstrong>currency pair continues to consolidate in a relatively narrow trading range, and having established a relatively strong platform in the 0.8850 price region, the question now of course is will this provide the platform for a sustained move lower? Technically the daily...
Euro To Pound – Daily Chart 6th January 2010
A curious start to the New Year for the $uros to poundsrong> pair, which seems to have found some traction from the 0.8850 price level, with Monday’s wide spread up candle providing the basis for a strong recovery in the currency pair from the sideways...
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 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...
