Monthly Archives: June 2017

Market Commentary 12/06/17

EUR/USD – Retracement Back Up To Broken Demand Last Friday the market continued to drop past the demand zone which had been broken on Thursday. Just before the market closed for the weekend, a retracement back towards the broken demand…

Market Commentary 08/06/17

EUR/USD – Spike Through Demand Zone The up-move we saw begin after the market hit the demand zone did not continue last night. Instead the market started to drop after a move up towards the current high failed and resulted…

Market Commentary 07/06/17

EUR/USD – Sharp Drop Into Demand Zone This afternoon the ECB came out and said that it was cutting it’s inflation outlook through 2019. When this news hit the market it caused a sharp drop to take place into the…

Market Commentary 06/06/17

EUR/USD – Climbing Back Towards Current High The drop we were seeing take place yesterday ended up coming to an end right after my market commentary was published. When it ended another move higher did begin, but this failed to…

Market Commentary 05/06/17

EUR/USD – Falling Towards Demand Zone The sharp move higher we saw take place last Friday has not continued today. A drop that occurred this morning has instead pushed the market down towards the demand zone that formed as a…

Market Commentary 02/06/17

EUR/USD – Sharp Move Higher Due To NFP The NFP was released today, and the impact it’s had on the markets has been dramatic, with big moves taking place on most of the major currencies. On EUR/USD  the reaction to…

Market Commentary 01/06/17

EUR/USD – Slight Drop From Current High Last night the market proceeded to move up to the current high it was moving towards in yesterday’s post. Today we saw the market fall once it spiked towards the high, but so…