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Weekly Market Commentary – May 15th to 19th 2017

EURUSD – The EURUSD pulled back to support near 1.0830 last week and bounced up from there into Friday’s close. We have been watching this pair for a pull back like this to get long, as we discussed in our weekly commentary last week. Traders can continue to look for buying opportunities this week on […]

technicaladmin May 15, 2017May 15, 2017 Read More

Daily Market Commentary – April 27th 2017

EURUSD – The EURUSD gaped higher in explosive upside move at this week’s open. We were discussing that we were still bullish biased in the weekly commentary for this week, so hopefully none of you were short, there was really not reason to be, as explained in the weekly commentary. Watch for downside pull backs […]

technicaladmin April 27, 2017April 27, 2017 Read More

Daily Market Commentary – April 26th 2017

EURUSD – The EURUSD gaped higher in explosive upside move at this week’s open. We were discussing that we were still bullish biased in the weekly commentary for this week, so hopefully none of you were short, there was really not reason to be, as explained in the weekly commentary. Watch for downside pull backs […]

technicaladmin April 26, 2017April 26, 2017 Read More

Weekly Market Commentary – April 24th to 28th 2017

EURUSD – The EURUSD remained buoyant last week even after a bearish reversal pin bar formed on Thursday. Price held it’s ground on Friday and formed an opposing bullish pin bar just above 1.0675 near-term support, indicating that bulls are still clearly in control here. We are looking to trade in-line with the recent bullish momentum […]

technicaladmin April 24, 2017April 24, 2017 Read More

Daily Market Commentary – April 20th 2017

EURUSD – The EURUSD surged higher yesterday and closed well above near-term resistance up near 1.0675 area. We can look to buy on a pullback to that level or perhaps further down. We remain bullish above 1.0570 support, targeting 1.0830 key resistance. GBPUSD – The GBPUSD exploded higher yesterday as price broke above 1.2570 resistance […]

technicaladmin April 20, 2017April 20, 2017 Read More

Daily Market Commentary – April 13th 2017

EURUSD – The EURUSD has moved higher so far this week, up to 1.0690 resistance area. If price fails to close above that level we could see it rotate lower, otherwise, if this strength continues and price closes above that level, we could see a further push higher. GBPUSD – The GBPUSD bounced up from […]

technicaladmin April 13, 2017April 13, 2017 Read More

Daily Market Commentary – April 12th 2017

EURUSD – The EURUSD moved lower last week in-line with recent downward momentum. We have been discussing looking to sell this pair all week last week in the members commentaries. We could see price fall down and test 1.0500 key support still, but at this point we would only sell on a retrace higher followed […]

technicaladmin April 12, 2017April 12, 2017 Read More

Weekly Commentary – April 10th to 14th 2017

EURUSD – moved lower last week in-line with recent downward momentum. WE have been discussing looking to sell this pair all week last week in the members commentaries. We could see price fall down and test 1.0500 key support still, but at this point we would only sell on a retrace higher followed by a clear […]

technicaladmin April 10, 2017April 10, 2017 Read More

Daily Market Commentary – April 5th 2017

EURUSD – Last week, the EURUSD sold-off from 1.0875 key resistance after the false break there at the start of the week, and moved lower into the week’s close. With price having fallen quite significantly last week, we can’t see any real chance of being able to sell near current levels. But, we can consider […]

technicaladmin April 5, 2017April 5, 2017 Read More

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

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