April 26, 20210Comments

USD pairs on April 26

Strong data on EU economic activity set the direction of the euro last Friday. It set off a buy signal at 1.2031, which occurred at the same time that the MACD line

by Jeff Wecker

Forex Analysis

April 23, 20210Comments

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

A sell signal appeared in the market yesterday. However, it had to be ignored because the MACD line, during that time, was in the oversold area.

by Jeff Wecker

Forex Analysis

April 22, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on April 22

A sell signal appeared in the market yesterday. However, due to low volatility, it did not result in a huge drop, and the price did not even come close to

by Jeff Wecker

Forex Analysis

April 21, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on April 21

A sell signal appeared in the market yesterday. However, it was only when the euro hit 1.2041 for the second time that the price declined, although

by Jeff Wecker

Forex Analysis

April 20, 20210Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on April 20

The euro broke above 1.1975 yesterday. However, it was risky to open longs around the price because the MACD line, during that time, was in the overbought area

by Jeff Wecker

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