Monthly Archives: November 2016

Market Commentary 30/11/16

EUR/USD – Falling Into Demand Zone The move back towards the high we were seeing take place in yesterday’s market commentary continued last night with the market breaking through the high and moving into the supply zone created by Monday’s…

Market Commentary 29/11/16

EUR/USD – Small Drop After Retracement Yesterday’s sharp move down did not continue last night, with the market spending most of the night retracing back towards the supply zone which was created by the drop. The retracement came to an…

Market Commentary 28/11/16

EUR/USD – Big Move Higher Leads To Sharp When the market reopened last night a small gap occurred which was followed by a large move higher that ended up breaking through the high of the supply zone the market was…

Market Commentary 25/11/16

EUR/USD – Inside 1 Hour Supply Zone The move up from the lows which began yesterday has continued today, with the market now inside the 1 hour supply zone that formed back on Tuesday. Even though the market has still not…

Market Commentary 24/11/16

EUR/USD  Moving Towards Supply Zone EUR/JUSD  is currently in the process of moving back towards the supply zone which caused yesterday’s drop to take place. What we need to see now is a move up past the high of the…

Market Commentary 23/11/16

EUR/USD – Current Low Broken By Large Move Lower Today we have seen EUR/USD make a large move lower through the swing low that formed back on the 18th November. Although the market has now technically made a lower lo,…

Market Commentary 22/11/16

EUR/USD – Consolidating Inside Daily Buy Zone EUR/USD is currently consolidating inside the daily buy zone it fell into last Friday This consolidation has been created by either one of two things, either the bank traders are in the process…

Market Commentary 21/11/16

EUR/USD – Small Retracement Out Of Daily Buy Zone Last week we saw the market fall into the daily buy zone which formed when the downtrend came to an end back at the beginning of 2015. Currently a small retracement…

Market Commentary 18/11/16

EUR/USD – Large Drop Into Daily Buy Zone Today a large drop has caused EUR/USD to fall into the daily buy zone that formed when the downtrend came to an end. After moving back into the broken daily buy zone…

Market Commentary 16/11/16

EUR/USD – Drop Out Of Daily Buy Zone Today EUR/USD has just dropped slightly out of the daily buy zone it’s been in since the end of last week. Another tiny retracement took place last night before the market fell…