December 18, 20200Comments

USD pairs on December 18

Weak data on the US labor market put pressure on the dollar yesterday, so as a result, EUR / USD reached a new yearly high, managing to rise up to the target value of 1.3364. All in all, the quote moved 40 pips up from 1.2223.

by Jeff Wecker

Forex Analysis

December 17, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 17

Euro bulls earned quite a lot of profit yesterday, since even before the Fed's decision on interest rates was released, data on the EU's economic activity was published, and it came out much better than expected.

by Jeff Wecker

Forex Analysis

December 16, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 16

Yesterday seems to be one of the worst trading days in the European currency. Volatility was quite low and the pair traded in a narrow sideways channel.

by Jeff Wecker

Forex Analysis

December 15, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 15

Euro bulls tried to resume growth yesterday, even managing to form good buy levels in the EUR / USD pair. However, a large upward move did not occur, and the quote climbed only 40 pips up from 1.2145.

by Jeff Wecker

Forex Analysis

December 14, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 14

Euro bears tried everything they could to take control of the market, especially after the ECB's decision to increase its bond purchase program last Thursday. However, they failed to trigger a massive sell-off in the euro, as many traders continue to believe in risks and a major recovery in the European economy next year.

by Jeff Wecker

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