January 27, 20210Comments

USD pairs on January 27

EUR / USD traded downwards yesterday, as a result of which several signals appeared in the market. For instance, during the European session, a sell signal appeared at 1.2124, however, at that time, the MACD line was in the oversold zone, which seriously limited the downside potential of the euro.

by Jeff Wecker

Forex Analysis

January 26, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 26

A sell signal appeared in EUR / USD yesterday, which, together with the weak data on German economy, led to a strong decline towards 1.2130. At the same time, during that period, the MACD line was in the negative zone, which further confirms the correctness of the transaction. All in all, the downward movement was about 35 pips.

by Jeff Wecker

Forex Analysis

January 25, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 25

Latest economic reports put pressure on the euro last Friday, preventing the development of the upward trend that had formed in the middle of the week. In any case, no one was in a hurry to buy the US dollar, even despite the fact that similar reports on the US economy turned out to be much better than expected.

by Jeff Wecker

Forex Analysis

January 22, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 22

Three signals emerged in EUR / USD yesterday. However, not all of them were profitable, and some should have been ignored altogether. Anyhow, the first one is to sell the euro at 1.2120, which did not lead to the desired result even though the MACD line was in a negative zone.

by Jeff Wecker

Forex Analysis

January 21, 20210Comments

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

Weak inflation report pulled demand for the euro down yesterday. As a result, a sell signal appeared at 1.2130, which led to a downward movement of about 30 pips.

by Jeff Wecker

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