September 25, 20200Comments

USD pairs on September 25

The bears failed to trigger a large decrease in the EUR / USD pair yesterday, so as a result, short positions in the market only brought about 20 pips of profit. Nevertheless, the priority is still on sales, since weak reports for Germany put pressure on the European currency.

by Jeff Wecker

Forex Analysis

September 24, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 24

The weaker-than-expected data on the euro area's PMI halted the growth of the European currency in the market, so as a result, long positions from 1.1703 only made about 15 pips of profit in the EUR / USD pair. Then, afterwards, the quote turned in the other direction, but the movement was not as large as anticipated.

by Jeff Wecker

Forex Analysis

September 23, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 23

Another surge in coronavirus incidence, together with good reports on the US economy, led to a sharp decline in the euro yesterday. As a result, EUR / USD moved down 30 pips from the level of 1.1728, following a bearish trend.

by Jeff Wecker

Forex Analysis

September 22, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 22

Another surge in coronavirus incidence, as well as high risk of another quarantine, led to huge sell-offs in the European currency, from the level of 1.1854. It brought about 60 pips of profit from the market.

by Jeff Wecker

Forex Analysis

September 21, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 21

The euro is trading in a flat market due to the absence of news and macroeconomic reports that could support the currency to move in a clear direction.

by Jeff Wecker

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