Monthly Archives: July 2016

Market Commentary 14/07/16

EUR/USD – New High After Sudden Move Higher The market has managed to make a new high this afternoon due to the appearance of a large bullish candle. We can see how the market did end up reversing at the…

Market Commentary 13/07/16

EUR/USD – Approaching Yesterdays High After Hitting 1 Hour Demand Zone The market continued to fall after breaking the NFP high yesterday but has since recovered due the 1 hour demand zone being hit. Whilst the price had been moving…

Market Commentary 12/07/16

EUR/USD – NFP High Broken The up-move which began yesterday has continued throughout today and the market has broken the swing high which formed when the NFP was released. Even though the market has made a new high it does…

Market Commentary 11/07/16

EUR/USD – Swing Low Still Not Broken The swing low which was made when the NFP was released last week has still not been broken and for the moment it seems difficult to determine which way the market is likely…

Market Commentary 08/07/16

EUR/USD – New Lower Low And New Higher High After NFP A few hours ago the NFP news came out and the effect it has had on EUR/USD is quite strange. If you remember I said in my last post…

Market Commentary 07/07/16

EUR/USD – Large Bearish Engulfing Candle May Signal The Beginning Of The Next Down-Move In my last post we saw how the market had come close to breaking the low which I had marked with a black line and how…

Market Commnetary 06/07/16

EUR/USD – Market Falls After Yesterday’s Stop Run The stop run which took place yesterday above the swing high has caused the market to reverse and the current momentum is now to the downside. You can see how a large…

Market Commentary 05/07/16

EUR/USD – Stop Run Above The Swing High Today we have seen the market break the previous high and in the process cause a stop run to take place. The market shot up and broke the previous high this morning…

Market Commentary 04/07/16

EUR/USD – Reversal Might Still Be Possible Today we have seen EUR/USD start to climb back towards the high of the bearish pin bar which broke the supply zone. The market didn’t end up falling after spiking through the supply…

Market Commentary 01/07/16

EUR/USD – Possible Reversal In Progress An hour ago the price entered the supply zone which I marked out in yesterday’s post, we are now seeing what could potentially be the start of a move lower. The move into the…