Category: Blog

Market Commentary 26/05/17

EUR/USD – Falling Below Wednesday’s Low It turned out that the small drop we we’re seeing take place in yesterday’s post was not a retracement to a new move higher. It was in fact the beginning of another drop, a…

Market Commentary 25/05/17

EUR/USD – Moving Towards Current High The retracement that was taking place yesterday did not cause the market to move into the demand zone last night. Instead it turned upon reaching the point where the previous swing higher originated from….

Market Commentary 24/05/17

EUR/USD – Falling Towards Demand Zone The retracement which I said would probably occur in yesterday’s post has taken place today, but so far it hasn’t caused the market to fall back to the point where the demand zone I…

Market Commentary 23/05/17

Guys, my sincerest apologies for not giving you the market commentaries for the past few days. I’ve had some issues with uploading new posts onto the site , so haven’t been able to put the daily market commentaries up. Luckily…

Market Commentary 18/05/17

EUR/USD – Retracement Taking Place The larger retracement I spoke about in yesterday’s market commentary did begin last night. Today we’ve seen it continue, and the market is currently heading down towards the low created by the retracement we saw…

Market Commentary 17/05/17

EUR/USD – Possible Retracement Developing EUR/USD continued to drive higher last night, but today we’ve seen the market fall slightly, due to what I think is the bank traders taking some profits off the buy trades they got placed to…

Market Commentary 16/05/17

EUR/USD – Supply Zone Broke By Large Move Higher The supply zone which the market had just started to react to when yesterday’s market commentary was published has been broken today. The fact that it’s been broken, means that it’s…

Market Commentary 15/05/17

EUR/USD – Reacting To Supply Zone The sharp move higher we saw take place last Friday has continued today, with the market currently reacting to the supply zone I marked from the move down that occurred at the beginning of…

Market Commentary 12/05/17

EUR/USD – Sharp Move Higher Breaks Tuesday’s High In yesterday’s market commentary we saw how the market had begun to move up towards the high which had been made by the drop which occurred on Tuesday. Today we’ve seen the…

Market Commentary 11/05/17

EUR/USD – Moving Towards Tuesday’s High The drop through the demand zone we saw yesterday has continued today, but over the past couple of hours a bullish pin bar followed by a large bullish candle has formed and pushed the…