September 11, 20200Comments

USD on September 11

Unchanged ECB policy led to a sharp rise of demand in the market, so long positions from 1.1841 made profit more than 60 points.

by Jeff Wecker

Forex Analysis

September 10, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 10

Unsuccessful attempts to bring the quote down from 1.1757 brought losses, but fortunately in the afternoon, longs from 1.1788 gave more than 40 points of profit, which compensated the minus realized earlier.

by Jeff Wecker

Forex Analysis

September 9, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 9

Another unsuccessful attempt to raise EUR / USD in the market resulted in losses, however, a sell signal, which was formed after the test of 1.1800, made it possible to compensate for the minus.

by Jeff Wecker

Forex Analysis

September 8, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 8

Euro stopped its rally after reaching 1.1845, which brought losses to long positions in the EUR/USD market. Meanwhile, shorts were not actually profitable either, since activity and volatility were low, it being a weekend and holiday in the United States yesterday.

by Jeff Wecker

Forex Analysis

September 7, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 7

Price dropped by 55 points in EUR / USD last Friday, largely due to very good data on the US labor market. The report indicated that unemployment in the United States dropped significantly, which suggests continued economic recovery in the country.

by Jeff Wecker

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