November 27, 20200Comments

USD pairs on November 27

Euro bulls tested the level of 1.1935, which formed a strong buy signal yesterday. But after the second unsuccessful attempt to rise and the return of the euro to the level of 1.1935, it became clear that there would be no further upward movement.

by Jeff Wecker

Forex Analysis

November 26, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on November 26

Yesterday was not the best day for the euro since both long and short positions only brought losses. The EUR / USD pair was locked trading in a side channel, mainly because in the morning, the growth of the euro was halted by the report of the ECB on financial stability.

by Jeff Wecker

Forex Analysis

November 25, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on November 25

The continued growth of the German economy in the 3rd quarter preserved the hope for the euro, which led to the formation of a very strong buy signal from the level of 1.1870.

by Jeff Wecker

Forex Analysis

November 24, 20200Comments

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

Weak economic reports from Europe limited the upward potential of the European currency. To add to that, the data on the US economy came out very strong yesterday, thereby hitting the positions of euro bulls, leading to an instant collapse to weekly lows.

by Jeff Wecker

Forex Analysis

November 23, 20200Comments

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

Low market volatility plus the absence of economic data left the euro with practically no trading signals for today. However, the bullish momentum that was recorded last week remains, thus, the currency still has every chance for further growth.

by Jeff Wecker

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