Monthly Archives: September 2016

Market Commentary 16/09/16

EUR/USD – Buy Zone Broken By Large Drop The buy zone which has been keeping EUR/USD in a consolidation over the past few days has been broken by a move lower caused by USD news being released.You can see no…

Market Commentary 15/09/16

EUR/USD – Market Falling After USD News This afternoon we have seen the price of EUR/USD fall after several high impact news events were released into the market. When my last post was published the market had just entered the…

Market Commentary 14/09/16

EUR/USD – Still Stuck In Between Buy Zone And Sell Zone Last night the market fell into the buy zone which has kept the price stuck in a range over the course of the week, in the past couple of…

Market Commentary 13/09/16

EUR/USD – Second Spike Into Supply Zone Yesterday we saw the market spike into the  sell zone which formed back on Friday afternoon, today we have seen another spike into the zone take place and another failure to move lower…

Market Commentary 12/09/16

EUR/USD – Market Almost Spikes Into Supply Zone The supply zone which formed as a result of last week’s drop almost had the market return to it today but unfortunately the market ended up missing the zone by 2 or…

Market Commentary 09/09/16

EUR/USD – Large Drop Through Demand Last night the market fell into the demand zone which formed from yesterday’s move higher, the demand was able to cause the market to move higher for a few hours but this has come…

Market Commentary 08/09/16

EUR/USD – Run Higher Currently Being Engulfed Lower Yesterdays stop run made it seem like a retracement was going to take place but the market failed to move down to the support level which I’d marked and instead turned around…

Market Commentary 07/09/16

EUR/USD – Possible Retracement After Stop Run A couple of hours ago the market ran into a large percentage of buy stops which had accumulated above the high made early this morning, I now think it’s likely we’ll see some kind…

Market Commentary 06/09/16

EUR/USD – Big Move Higher After PMI Release A couple of hours ago the USD PMI news was released and it’s come back as being negative for USD, this has caused the price of EUR/USD to sharply rise and I…

Market Commentary 05/09/16

EUR/USD – Falling Towards Lows EUR/USD has dropped further towards the lows today with a small retracement taking place shortly before the drop. We can see the retracement began when the market opened last night and ended when the London…