EUR/USD daily chart trading ahesad of the Greek crisis in Europe
EUR/USD daily chart

Have been reading that carnage is expected and word is EUR/USD has already dropped to 1.1029 – although my MT4 hasn’t started as yet, so we will have to wait & see. Meantime here are some levels for some of the euro pairs :

  • EUR/USD – was already bearish & shorts at CFTC increased last week. Putting the 1.1029 aside for the time being – 1.1052 is the first level of support & if breached 1.0819 comes into play where a high volume node on the VPOC awaits.
  • EUR/JPY – Has been in congestion for a number of days having failed to breach the 140.78 price point & now looking to turn bearish. The immediate level below is at 137.57 with any move through here then likely to test the 136.69 region. The VPOC continues to remain in the 134.94 region for the time being and should this be taken out then a longer term bearish trend will ensue.
  • EUR/AUD – The interest rate cut from the PBOC will also have an effect on this pair which for the past three weeks has been moving sideways. Here Friday’s weak up candle may be validated as the pair is hit from both sides. First line of support is at 1.4404 and any move through here is then likely to test a more sustained platform of support at 1.4225. The VPOC here remains at 1.4141.

Whatever happens, it’s going to be an interesting night and week ahead for traders.

And Now We Wait for the Forex Market to Open

The forex market often pauses ahead of major events. In June 2015, Greece’s debt crisis intensified. Banks closed. Capital controls loomed. Traders waited anxiously for the London open. Extreme volatility followed on euro pairs.

Volatility from the Greek Debt Crisis

Greek crisis news drove massive swings. EUR/USD and EUR crosses reacted sharply. Uncertainty created fear. Safe-haven flows surged. Volume price analysis (VPA) was essential—high volume spikes revealed conviction. Low volume moves warned of traps.

Trading Opportunities in Extreme Volatility

Volatile sessions like this offered terrific setups. Breakouts on high volume confirmed momentum. Reversals at extremes with stopping volume signaled turns. Patient traders capitalized. Quantum currency strength indicator ranked EUR low. Matrix showed relational weakness.

How Quantum Indicators Guide Volatile Sessions

Quantum tools make navigating volatility reliable. Currency strength spots extremes fast. Matrix reveals cross-pair flows. Trend Monitor aligns direction. VPA confirms—high volume on moves validates entries. These indicators turn chaos into disciplined trades.

Lessons from Crisis Volatility

Events like Greece teach patience. Wait for volume confirmation. Avoid chasing spikes. Anna Coulling’s VPA approach with Quantum tools turns extreme sessions into opportunities. Stay prepared—volatility rewards the disciplined.

And now we wait for the forex market to open. Quantum indicators with VPA keep you ahead in any session.

More Historical Examples of Volume Price Analysis in Action

Volume price analysis (VPA) has proven its worth over decades of market history. It reveals professional intent behind price moves. These historical examples show VPA spotting trends, reversals, and traps early. Quantum indicators make applying these lessons reliable today.

2008 Financial Crisis – Distribution in Stocks

As markets peaked in 2007, major indices like S&P 500 made new highs. But volume fell on up days. This divergence signaled distribution—professionals selling to retail buyers. The crash followed in 2008. VPA warned of weakness months ahead. Quantum Accumulation/Distribution indicator would have flagged it clearly.

2020 COVID Crash – Stopping Volume Reversal

March 2020 saw panic selling. Indices plunged on ultra-high volume. But at lows, volume spiked even higher on down candles—stopping volume. Buyers absorbed supply. Sharp reversal higher followed. VPA spotted the bottom early. Quantum VPOC on NinjaTrader highlighted fair value support.

2011 Euro Debt Crisis – Safe-Haven Yen Strength

EUR/JPY fell sharply on Greek debt fears. Down moves on high volume confirmed conviction. Pullbacks on low volume offered shorts. VPA revealed sustained selling. Quantum currency strength ranked JPY high as safe-haven.

2015 Oil Collapse – Commodity Distribution

Oil prices cratered from $100+ to below $30. High volume at highs showed distribution. Low volume rallies trapped buyers. VPA confirmed bearish trend. Quantum Trend Monitor stayed red throughout.

These historical examples teach timeless lessons. VPA with volume confirmation spots intent early. Quantum indicators on MT5 or NinjaTrader bring these classics to modern trading. Apply them for disciplined decisions in any market.

History repeats through volume. Learn from these VPA signals for better results today.

By Anna Coulling

Creator of Volume Price Analysis