Monthly Archives: December 2016

How To Determine When The Trend Has Changed

Hello readers, it’s been a long time since I posted any new articles onto the site but you’ll be happy to know that along with today’s article lots more will be coming to the site very soon. Today’s article isn’t…

Market Commentary 15/12/16

EUR/USD – Lows Broken, Downtrend Resumed As anticipated yesterday’s US interest rate announcement came out as expected with the interest rate rising from 0.50%  to 0.75%. The impact this had on the market was quite big, although if I’m being…

Market Commentary 14/12/16

EUR/USD – Consolidating Before Interest Rate The move into the sell and supply zone I expected to occur today has not taken place and instead the market has spent most of the day consolidating between yesterday’s high and low. We…

Market Commentary 13/12/16

EUR/USD – Supply Zone Broken The supply zone the market was reacting to when yesterday’s market commentary was published has been broken, and now it looks like we are going to see the market move back up towards the supply…

Market Commentary 12/12/16

EUR/USD – Moving Higher From Old Buy Zone Last Friday we had just seen the market re-enter the buy zone which had caused the move up into the sell zone to take place . Today the market has moved out…

Market Commentary 09/12/16

EUR/USD – Continued Decline After Retracement Yesterday’s large drop caused the outlook on  EUR/USD  to be one of more downside and today’s that downside has continued after a small retracement took place in the early hours of this morning. You…

Market Commentary 08/12/16

EUR/USD – ECB Conference Puts End To Retracement This afternoon the ECB announced they were keeping interest rates at records lows. The announcement of the news caused a huge drop to occur on EUR/USD and the market has now fallen…

Market Commentary 07/12/16

EUR/USD – Rising Back Into Sell Zone The move out of the sell zone we we’re seeing take place yesterday came to an end today, and the market has now risen back into the zone and is making it’s way…

Market Commentary 06/12/17

EUR/USD – Falling Out Of Sell Zone Yesterday’s move higher continued last night with the market pushing deeper into the sell zone that had been spiked when yesterday’s market commentary was published. The market is now falling out of this…