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Month: March 2017

Weekly Market Commentary – March 27th to 31st 2017

EURUSD – The EURUSD has stalled up near 1.0800 resistance after a rally up to test it early last week. If price continues to hold under 1.0875 – 1.0950 we could see it fall lower as this market is still range bound and price is currently at the top of the range. Traders can continue to […]

technicaladmin March 27, 2017March 27, 2017 Read More

Daily Market Commentary – March 24th 2017

AUDUSD – The AUDUSD fell lower today, in-line with our discussion yesterday of waiting for a deeper pullback before looking to buy. We are watching key support near 0.7500 as the line in the sand for bulls; whilst above that level we are watching for buy signals to get long. EURUSD – The EURUSD has […]

technicaladmin March 24, 2017March 24, 2017 Read More

Daily Market Commentary – March 23rd 2017

AUDUSD – The AUDUSD surged higher last week, in-line with the overall bullish trend as well as our recent commentaries in which we have discussed looking to buy from 0.7550 – 0.7500 support. Price pulled back over the last couple of days, bouncing slightly up from 0.7630 support area and the 21 day ema today. […]

technicaladmin March 23, 2017March 23, 2017 Read More

Weekly Market Commentary – March 20th to 24th 2017

EURUSD – The EURUSD climbed higher last week after a small retrace lower early in the week, in-line with our discussion in our last weekly outlook. Price is now approaching key resistance up near 1.0800 – 1.0875 area, and we will watch that area closely for price action sell signals. However, if price were to close […]

technicaladmin March 20, 2017March 20, 2017 Read More

Daily Market Commentary – March 17th 2017

EURUSD – The EURUSD has climbed higher this week after a small retrace lower, in-line with our discussion in the weekly outlook. Price is now approaching key resistance up near 1.0800 – 1.0875 area, and we will watch that area closely for price action sell signals. If price were to close above 1.0875, would no […]

technicaladmin March 17, 2017March 17, 2017 Read More

Daily Market Commentary – March 16th 2017

EURUSD – The EURUSD has climbed higher this week after a small retrace lower, in-line with our discussion in the weekly outlook. Price is now approaching key resistance up near 1.0800 – 1.0875 area, and we will watch that area closely for price action sell signals. If price were to close above 1.0875, would no […]

technicaladmin March 16, 2017March 16, 2017 Read More

Daily Market Commentary – March 15th 2017

EURUSD – The EURUSD consolidated last week, just above 1.0520 key support, before popping higher into Friday’s close, indicating that bulls may push prices higher this week. We see key resistance up near 1.0800- 1.0875, and we could see prices try to climb up and re-test that area this week, before falling again. Traders could […]

technicaladmin March 15, 2017March 15, 2017 Read More

Weekly Market Commentary – March 13th to 17th 2017

EURUSD – The EURUSD consolidated last week, just above 1.0520 key support, before popping higher into Friday’s close, indicating that bulls may push prices higher this week. We see key resistance up near 1.0800- 1.0875, and we could see prices try to climb up and re-test that area this week, before falling again. Traders could potentially […]

technicaladmin March 13, 2017March 13, 2017 Read More

Daily Market Commentary – March 9th 2017

EURUSD – The EURUSD has drifted lower so far this week, after stalling out just below 1.0677 resistance. We are still on the sidelines in this pair and will wait for clearer price action to develop before taking a new position. Overall, this market still appears to be respecting resistance levels and maintaining a more […]

technicaladmin March 9, 2017March 9, 2017 Read More

Daily Market Commentary – March 8th 2017

EURUSD – The EURUSD has drifted lower so far this week, stalling out just below 1.0677 resistance. We are still on the sidelines in this pair and will wait for clearer price action to develop before taking a new position. Overall, this market still appears to be respecting resistance levels and maintaining a more bearish […]

technicaladmin March 8, 2017March 8, 2017 Read More

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