May 11, 20210Comments

USD pairs on May 11

A sell signal appeared in the market yesterday. However, it had to be ignored because the MACD line was at the oversold area. No other signal appeared for the rest of the day.

by Jeff Wecker

Forex Analysis

May 10, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on May 10

Two buy signals appeared in the market last Friday. Fortunately, both of them manifested when the MACD line was at zero, so the euro was able to climb from 1.2076 to 1.2125.

by Jeff Wecker

Forex Analysis

May 7, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on May 7

Strong EU reports set off a rally in the market yesterday, thereby forming a buy signal in the euro. However, traders had no choice but to ignore it because

by Jeff Wecker

Forex Analysis

May 6, 20210Comments

Analysis and trading recommendations for the EUR / USD and GBP / USD pairs on May 6

Although the strong PMI reports broke the bearish trend in the euro, sell signals still appeared in the market yesterday. However, the first one had

by Jeff Wecker

Forex Analysis

May 5, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on May 5

Volatility was low yesterday so only one signal appeared in the market. Fortunately, it appeared when the MACD line was below zero, so the euro was able

by Jeff Wecker

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