April 17, 20200Comments

USD for April 17. Coronavirus Does Not Recede, Economy Continues to Decline, and Unemployment is Rising

On April 16, the EUR/USD pair has lost about 70 basis points and thus, significantly complicates the internal wave structure of the expected wave 3 in C. If the current wave marking is correct, then the growth in quotes of the instrument will resume with targets above the 11th figure in the third wave.

by Jeff Wecker

Forex Analysis

April 16, 20200Comments

Analysis of EUR/USD and GBP/USD for April 16. US Report on Applications for Unemployment Benefits May Show Another 5.5 Million

On April 15, the EUR/USD pair lost about 70 basis points and thus considerably complicates the internal wave structure assumed by wave 3 in C. If the current wave marking is correct, then the increase in quotes of the instrument will resume with targets above the 11th figure.

by Jeff Wecker

Forex Analysis

April 15, 20200Comments

Analysis of EUR/USD and GBP/USD for April 15. Donald Trump is in a Hurry to Restart the Economy, Otherwise a New Mortgage Crisis

On April 14, the EUR/USD pair gained about 70 basis points, but today, it already managed to lose about 50 at the morning trading. Thus, the alleged wave 3 in future C continues to be formed, but can take a very long and complicated form.

by Jeff Wecker

Forex Analysis

April 14, 20200Comments

Analysis of EUR/USD and GBP/USD on April 14. Emmanuel Macron extends Lockdown: Donald Trump Intends to Lift Restrictions

On April 13, the EUR/USD pair retreated by only 25 basis points. Nevertheless, it remained within the framework of the forming wave 3 or the future wave 3 or C.

by Jeff Wecker

Forex Analysis

April 13, 20200Comments

Analysis of EUR/USD and GBP/USD for April 13. US Inflation Shows Depressing Values Following Unemployment and Labor Market Levels

On April 10, the EUR/USD pair literally gained several basis points and thus, continued to build the expected wave 3 in C of a new upward trend section. On Monday morning, market activity increased and the instrument added another 25 basis points despite the celebration of Catholic Easter.

by Jeff Wecker

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