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Jeff Wecker

Jeff Wecker

Jeff Wecker, the inventor of Forex Forager, is a former member of the Chicago Board of Trade. There, Jeff learned his craft in the 30-year bond pit, trading against the world's best, and now has survived and prospered in the industry for the past 25 years. He took the unique knowledge he gained at the CBOT and transitioned it to online trading, where he traded FX, commodities, stock indices, and bonds – all using his unique 5 pip/tick risk system. Visit us at Global Fx Trading Group

Forex Analysis
April 15, 20200Comments

Analysis of EUR/USD and GBP/USD for April 15. Donald Trump is in a Hurry to Restart the Economy, Otherwise a New Mortgage Crisis

On April 14, the EUR/USD pair gained about 70 basis points, but today, it already managed to lose about 50 at the morning trading. Thus, the alleged wave 3 in future C continues to be formed, but can take a very long and complicated form.
by Jeff Wecker
Forex Analysis
April 14, 20200Comments

Analysis of EUR/USD and GBP/USD on April 14. Emmanuel Macron extends Lockdown: Donald Trump Intends to Lift Restrictions

On April 13, the EUR/USD pair retreated by only 25 basis points. Nevertheless, it remained within the framework of the forming wave 3 or the future wave 3 or C.
by Jeff Wecker
Forex Analysis
April 13, 20200Comments

Analysis of EUR/USD and GBP/USD for April 13. US Inflation Shows Depressing Values Following Unemployment and Labor Market Levels

On April 10, the EUR/USD pair literally gained several basis points and thus, continued to build the expected wave 3 in C of a new upward trend section. On Monday morning, market activity increased and the instrument added another 25 basis points despite the celebration of Catholic Easter.
by Jeff Wecker
Forex Analysis
April 10, 20200Comments

Analysis of EUR/USD and GBP/USD for April 10. US Unemployment Rate is Massively Increasing, Next Up is the Inflation Report.

On April 9, the EUR/USD pair gained about 70 baise points, and thus continued to build the alleged wave 3 in C of a new upward trend section, starting on March 20.
by Jeff Wecker
Forex Analysis
April 9, 20200Comments

Analysis of EUR/USD and GBP/USD for April 9, 2020. Wave 3 can Send the Euro Above the Mark of 11. Fed Minutes Give no Signals.

On April 8, the EUR/USD pair lost about 35 base points but remained within the framework of the predicted wave 3 in C of the new uptrend which was formed on March 20. If scenario is right, then the quotes may continue to rise above the level of 11.
by Jeff Wecker
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