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Euros To Pounds – Daily Chart 24th March 2009

The promise shown in yesterday’s weekly candle chart of three white soldiers for the $uros to poundsrency pair has not materialised and we were wise to take a cautious approach as this morning’s price action demonstrates, with a move back through both the 9 and...

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Euros To Pounds – 27th February 2009

The $uros to poundsr continue to move in a falling wedge, suggesting that we will see a break lower in due course. The last few weeks simply confirm this view, but before we enter any long term trades I would suggest waiting for prices to...

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Euro Pound – 18th February 2009

Yesterday gave us a wide spread down bar in the daily chart, which suggests that the bearish tone is now back in place, with the candle crossing below all three moving averages and failing to penetrate back into the 0.9000 region. With the failed test...

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Euro Pound Weekly Chart – 2nd February 2009

A great signal on the weekly chart for last week, with an “outside week” bearish engulfing candle providing several signals all at once! ( I am very excited at this one, trust me!!!) First of all what does this candle represent? The most significant point...

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