Forex $echnicallysis Following seven straight gains on the $uros to poundsr, it was no great surprise on Friday to the $orex marketssee the UK pound fight back a little as $orex tradersared their positions ahead of the long weekend in the UK, and took some...
Forex Analysis – Euro GBP Forex Market Analysis 27th August 2009
Forex $echnicallysis The $uros to poundsr pushed higher once again yesterday, ending the trading session with a wide spread up bar, with the closing price deep into the strong resistance area between 0.8750 and 0.9050 price band, making this the seventh straight day of gains...
Daily Forex Analysis – Forex Trading Analysis EUR/GBP 18th August 2009
Forex $echnicallysis Today’s wide spread down bar on the euro to pounds chart set us well on the way to our 200 pip target from this morning’s open as outlined in yesterday’s forex market $nalysis this pair. The down candle carried both weight and momentum...
Forex Chart Analysis – Euros To Pounds Chart 18th August 2009
Forex $echnicallysis The euro to pounds chart is at an interesting point as following its recent reversal higher we are once again re-testing the 86.50 price handle where there have been no less than 8 previous attempts over the past 7 weeks. The daily chart...
Euros To Pounds – Daily Currency Rates 6th August 2009
The $uros to poundsrency pair continues to tiptoe lower as the rate slides towards the 0.84 price point where the current support level lies waiting. With the 9 day moving average now crossing below the 40 day moving average this is adding to the bearish...
Euros to Pounds – EUR/GBP Daily Candle Chart 5th August 2009
The euros vs pounds pair continues to grind its way lower following its failure to breach the 0.87 resistance level outlined in last week’s market commentary which finally proved to be the straw that broke the camel’s back. With prices now below all three moving...
Euros to Pounds – EUR vs GBP Daily Chart 30th July 2009
Yesterday’s wide spread down bar on the daily chart for the $uros to poundsr, merely confirmed our $nalysisyesterday, that the short term rally in the pair has now run out of steam, and a move lower is now likely, with a re-test of the support...
Euros To Pounds – Daily Chart Anlaysis EUR/GBP 29th July 2009
The daily chart for the $uros to poundsrency pair is now providing us with plenty of food for thought from a $echnicalspective, particularly over the last few days and it now appears that prices are beginning to break lower once again. Technically the first point...
Euros To Pounds – EUR vs GBP Daily Chart 22nd July 2009
Yesterday’s wide spread up candle for the $uros to poundsrency pair, confirmed once again that bearish tone is changing as we gradually inch our way ever higher towards the resistance levels lying ahead. Indeed the low of yesterday found good support from the intertwined 9...
Euros To Pounds – EUR/GBP Daily Candle Chart 21st July 2009
The $uros to poundsrency pair continue to edge higher, moving ever closer to re-test the strong resistance level immediately ahead in the 0.87 price region, followed by the deeper consolidation in the 0.90 – 0.94 price handle. Yesterday’s candle was typical of the last few...