September 22, 20200Comments

USD pairs on September 22

Another surge in coronavirus incidence, as well as high risk of another quarantine, led to huge sell-offs in the European currency, from the level of 1.1854. It brought about 60 pips of profit from the market.

by Jeff Wecker

Forex Analysis

September 21, 20200Comments

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

The euro is trading in a flat market due to the absence of news and macroeconomic reports that could support the currency to move in a clear direction.

by Jeff Wecker

Forex Analysis

September 18, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 18

Weak data on the US economy led to a rally in the European currency, so, as a result, the EUR / USD pair moved up by 45 pips in the market, from 1.1790.

by Jeff Wecker

Forex Analysis

September 17, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 17

EUR / USD moved 20 pips upward in the market, after which it went back down again by 40 pips from 1.1838. These all happened before the important Fed meeting yesterday.

by Jeff Wecker

Forex Analysis

September 16, 20200Comments

Analysis and trading recommendations for EUR/USD and GBP/USD on September 16

Bulls failed to raise the rate of euro from 1.1897, as a result of which price reversed and moved down quite decently from 1.1875. The movement was more than 30 points and gave good profit to short positions in the market.

by Jeff Wecker

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