Category: Blog

Market Commentary 16/01/17

EUR/USD – Fallen Out Of Daily Sell Zone In Friday’s market commentary I said how a move down to the red line would be a good sign we are going to see further downside take place on Monday. Today we…

Market Commentary 13/01/17

EUR/USD – Falling Out Of Daily Sell Zone My apologies for not doing yesterday’s market commentary, I wasn’t feeling to well the second half of the day so I just spent the evening resting, I managed to complete the support…

Market Commentary 11/01/17

EUR/USD – Demand Zone Broken Yesterday we saw how the market had failed to break a large distance past the high made last week. The fact the high wasn’t broken by a large distance, meant that it was still tough…

Market Commentary 10/01/17

EUR/USD – Last Weeks High Broken The high I said to watch for a break in yesterday’s market commentary has been broken today, but it has not been broken by a distance large enough for me consider that the market…

Market Commentary 09/01/17

EUR/USD – Falling From Sell Zone EUR/USD has today fallen out of a sell zone which formed back on the 15th December. The market did actually spike this sell zone last week, but the resulting move lower soon came to…

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…