March 27, 20200Comments

USD for March 27. America Leads the World With the Most Number of Cases of COVID-19

On March 26, the EUR / USD pair gained about 150 more basis points and continues to build the proposed wave C with targets located near the 15th figure. If the current wave marking is correct, then the increase in quotes will continue for the designated purpose.

by Jeff Wecker

Forex Analysis

March 26, 20200Comments

Analysis of EUR/USD and GBP/USD for March 26. US Congress and Fed’s James Bullard Set the Mood for Yesterday’s Trading

On March 25, the EUR / USD pair gained about 95 basis points and continues to build the expected wave C with targets located near the 15th figure. On the morning of March 26, about 60 points were collected, so the recovery is in full swing.

by Jeff Wecker

Forex Analysis

March 25, 20200Comments

Analysis of EUR/USD and GBP/USD for March 25. A Lifeline for the American Economy

On March 24, the EUR/USD pair gained about 60 more base points and continues to build the expected wave C with targets located near the 15th figure. If this is true, then the entire section of the trend that originates after February 20 will acquire a very wide horizontal view.

by Jeff Wecker

Forex Analysis

March 24, 20200Comments

Analysis of EUR/USD and GBP/USD for March 24. The Fed is Starting to Buy Back Securities out of Control in the Hope of Saving Markets and the Economy from Collapse

On March 23, the EUR/USD pair gained about 35 more base points, although it reached 1.0830 again during the day. Since the previous local minimum was not updated, I still consider the assumed wave B completed.

by Jeff Wecker

Forex Analysis

March 23, 20200Comments

Analysis of EUR/USD and GBP/USD for March 23. Coronavirus Spreading in the US Could Weaken Demand for the Dollar

On March 20, the EUR / USD pair gained about 30 base points, although it reached the level of 1.0830 during the day. Nevertheless, Friday ended near the level of 1.0700, and trading on Monday is around it. At the moment, wave marking does not look that difficult, but ambiguous.

by Jeff Wecker

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