November 4, 20200Comments

USD pairs on November 4

Purchases on the European currency, on the confidence that Joe Biden will win the US elections, brought in a rather good profit yesterday - long positions from 1.1661 to 1.1716 gave about 50 pips of profit in the market.

by Jeff Wecker

Forex Analysis

November 3, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on November 3

The bears failed to maintain their control over the market, so as a result, the EUR / USD pair rose a bit yesterday. To add to that, rather good economic reports came out from Europe. However, they may turn down this 4th quarter amid new quarantine restrictions imposed in many EU countries.

by Jeff Wecker

Forex Analysis

November 2, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on November 2

Euro bulls tried to turn the market into their direction after a series of good economic reports, particularly on the more active growth of the European economy in the 3rd quarter of this year.

by Jeff Wecker

Forex Analysis

October 30, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 30

The euro collapsed in the market yesterday after the ECB hinted of a possible softer monetary policy in December. It led to the quote moving 70 pips down from 1.1738

by Jeff Wecker

Forex Analysis

October 29, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 29

The bears got ahold of the market yesterday, as a result of which the euro moved 45 pips down from the level of 1.1767. It was one of the most profitable days this week.

by Jeff Wecker

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