January 29, 20210Comments

USD pairs on January 29

Yesterday seems to be a bad trading day for EUR / USD. Given the low volatility of trading, two signals appeared on the market, one of which was unprofitable, while the other had to be ignored.

by Jeff Wecker

Forex Analysis

January 28, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 28

A sell signal appeared at 1.2148 yesterday. And since the MACD line was in the negative zone at that time, EUR / USD was able to decline to 1.2111. The downward movement occurred after the ECB conference, during which representatives talked about the high rate of the euro and the danger it poses to the EU economy.

by Jeff Wecker

Forex Analysis

January 27, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 27

EUR / USD traded downwards yesterday, as a result of which several signals appeared in the market. For instance, during the European session, a sell signal appeared at 1.2124, however, at that time, the MACD line was in the oversold zone, which seriously limited the downside potential of the euro.

by Jeff Wecker

Forex Analysis

January 26, 20210Comments

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

A sell signal appeared in EUR / USD yesterday, which, together with the weak data on German economy, led to a strong decline towards 1.2130. At the same time, during that period, the MACD line was in the negative zone, which further confirms the correctness of the transaction. All in all, the downward movement was about 35 pips.

by Jeff Wecker

Forex Analysis

January 25, 20210Comments

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

Latest economic reports put pressure on the euro last Friday, preventing the development of the upward trend that had formed in the middle of the week. In any case, no one was in a hurry to buy the US dollar, even despite the fact that similar reports on the US economy turned out to be much better than expected.

by Jeff Wecker

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