Monthly Archives: April 2016

Market Commentary 29/04/16

EUR/USD – New Highs Being Made In yesterday’s post I talked about how I was unsure of which direction EUR/USD was likely to move in, today it seems we have our answer with a large swing past the zone which…

Market Commentary 28/04/16

EUR/USD – Potential Bearish Pin Bar On Daily Chart Last night was eventful for most markets due to the release of the FOMC news, on EUR/USD the candle the news came out on caused an initial spike higher then a…

Market Commentary 27/04/16

EUR/USD – Supply Zone Hit, No New Low In my last post I said to keep an eye on the 15 minute supply zone which formed when the move higher was engulfed by a bearish candle, we have seen this…

Market Commentary 26/04/16

EUR/USD – Possible Bearish Pin Bar On 4 Hour Chart After a small reaction to the resistance level marked yesterday EUR/USD soon continued its move higher and the selling which is coming into the market now has the potential to…

Market Commentary 25/04/16

EUR/USD – Market Moving Back Above Lows A new low was made last week but today the market has moved back above these lows and is now near the resistance level which I marked in my last post We are…

Market Commentary 22/04/16

EUR/USD – Continued Decline, Lows In Danger Of Being Broken EUR/USD has continued to fall after the stop run we saw yesterday, the lows of the pullback which can be seen on the daily chart are now in danger of…

A Simple Supply And Demand Indicator You Can Use On MT4

Important Note: You can now receive supply and demand zones for all 4 major currencies sent to your inbox each day by signing up, just use the form found below the summary of this article. A significant amount of forex…

Market Commentary 21/04/16

EUR/USD – Huge Stop Run On 1 Hour Chart Over the past three hours we have seen massive run higher into buy stops around the 1.13800 level, a big drop has taken place and now the market is trading below…

Market Commentary 20/04/16

EUR/USD – Stop Run And False Breakout After the gradual move higher we have witnessed over the past couple of days today it seems as though EUR/USD may be nearing the end of its pullback higher. There was down-move which…

Market Commentary 19/04/16

EUR/USD – Large Move Higher From Demand The demand zone which I talked about in my last post has caused a large move higher today with the market breaking the swing high of the second spike into the supply zone….