December 22, 20200Comments

USD pairs on December 22

The latest data on EU consumer confidence increased the demand for the euro yesterday, thereby allowing the bulls to offset any losses seen earlier. At first, the quote moved 10 pips down from 1.2180, but after that the market reversed.

by Jeff Wecker

Forex Analysis

December 21, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 21

Strong economic reports from Germany helped the euro keep its positions last Friday. In terms of volatility, it was quite low that day, and today seems to be the same.

by Jeff Wecker

Forex Analysis

December 18, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 18

Weak data on the US labor market put pressure on the dollar yesterday, so as a result, EUR / USD reached a new yearly high, managing to rise up to the target value of 1.3364. All in all, the quote moved 40 pips up from 1.2223.

by Jeff Wecker

Forex Analysis

December 17, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 17

Euro bulls earned quite a lot of profit yesterday, since even before the Fed's decision on interest rates was released, data on the EU's economic activity was published, and it came out much better than expected.

by Jeff Wecker

Forex Analysis

December 16, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 16

Yesterday seems to be one of the worst trading days in the European currency. Volatility was quite low and the pair traded in a narrow sideways channel.

by Jeff Wecker

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