June 10, 20200Comments

USD for June 10. No Second Wave of Coronavirus in the US Since it Still Cannot Cope Even With the First

On June 9, the EUR/USD pair gained about 50 basis points and thus resumed the construction of the upward trend section. This morning, about 30 more points were scored.

by Jeff Wecker

Forex Analysis

June 9, 20200Comments

Analysis on EUR / USD and GBP / USD for June 9, 2020

On June 8, the EUR / USD pair lost only a few basis points. Thus, the current wave marking has not undergone any changes. Presumably, construction supposed wave 3 is completed in 3 to C to B.

by Jeff Wecker

Forex Analysis

June 8, 20200Comments

Analysis of EUR/USD and GBP/USD for June 8. Washington Slams China of Disrupting Vaccine Research. UK – EU Talks Again Ends in Stalemate

On June 5, EUR/USD lost nearly 45 pips, thus having hypothetically completed the formation of expected wave 3. If it is true, the currency pair has already begun building the 4th correctional wave.

by Jeff Wecker

Forex Analysis

June 5, 20200Comments

Analysis on EUR / USD and GBP / USD for June 5, 2020

On June 4, the EUR / USD pair gained about 105 bps and thus continued construction supposed wave 3 into 3 to C to B. If this is true, then today's exit of the quotes from the reached highs may mean the completion of this wave and the transition to the construction of correctional wave 4.

by Jeff Wecker

Forex Analysis

June 4, 20200Comments

Analysis of EUR/USD and GBP/USD for June 4. Donald Trump is Losing Ground Internationally and Domestically

On June 3, the EUR/USD pair gained another 65 basis points and completed the Fibonacci 127.2% level. An unsuccessful attempt to break through this level has led quotes to move away from the highs reached.

by Jeff Wecker

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