Monthly Archives: November 2016

Market Commentary 15/11/16

EUR/USD – Falling After Small Retracement EUR/USD is falling back towards the bottom of the daily buy zone again after a small retracement took place inside the zone last night. The retracement began shortly after yesterday’s market commentary had been…

Market Commentary 14/11/16

EUR/USD – Daily Buy Zone Almost Broken The daily buy zone the market dropped into last Friday has almost been broken today, with a large drop pushing the market down to the lower edge of the zone. So far the…

Market Commentary 11/11/16

EUR/USD – Consolidating At Daily Buy Zone Yesterday we saw the market return to the daily buy zone which caused the previous swing higher to occur, after a small move higher took place last night, the market is now back…

Market Commentary 10/11/16

EUR/USD – Falling Into Daily Buy Zone EUR/USD has continued to fall today after yesterday’s large drop lower due to the US election. The market is now right at the edge of the daily buy zone where I expect we’ll…

Market Commentary 09/11/16

EUR/USD – Beginning Of Downtrend ? Early this morning Donald Trump was elected president of the United States Of America. The effect this has had on the worlds financial markets has been drastic, with huge swings taking place when the…

Market Commentary 08/11/16

Guy’s with the election results being released later on tonight it’s best to just stay out the market for the moment. There’s no point doing any analysis because everything could change by this time tomorrow. If you have any trades…

Market Commentary 07/11/16

EUR/USD – Large Gap Down Due To Clinton Emails Yesterday the FBI came out and revealed that no new criminal charges were to be brought against Hilary Clinton due to the emails she held on a private server. This news…

Market Commentary 04/11/16

EUR/USD – Current High Almost Broken EUR/USD is currently close to breaking through the current high which formed yesterday morning, if the market manages to break this high it’s a sign we are likely to see more up-movement take place…

Market Commentary 03/11/16

EUR/USD – Sharp Drop Caused By Profit Taking EUR/USD has today fallen slightly after spending most of the past few days climbing higher. The fall is likely to have been created by the bank traders taking some profit off the…

Market Commentary 02/11/16

EUR/USD – Supply Zone Broken By Move Higher The supply zone which the market was reacting to when I published yesterday’s market commentary ended up being broken last night, now the market has continued to move higher it’s looking like…