April 7, 20200Comments

USD for April 7. The First Successes Against Coronavirus; Boris Johnson’s Hospitalization

On April 6, the EUR/USD pair lost about 20 basis points, and thus, continued to build a prospective wave 2 as part of the future C. The instrument is still preparing to complete the construction of wave 2 and the transition to building wave 3.

by Jeff Wecker

Forex Analysis

April 6, 20200Comments

Analysis of EUR/USD and GBP/USD on April 6. Demand for US Dollar Remains High Despite Depressing Reports from US

On April 3, the EUR/USD pair lost about 50 basis points, and continued thus to build a prospective wave 2 as part of the future C. If this assumption is true, then the instrument will begin to increase quotes today with targets located above the peak of wave 1.

by Jeff Wecker

Forex Analysis

April 3, 20200Comments

Analysis of EUR/USD and GBP/USD for April 3. Dollar Leads Despite Possible Failure of US Statistics Today

On April 2, EUR / USD pair lost another 105 basis points, and thus, continued to build a prospective wave 2 as part of the future C. If this is correct, then we may begin raising the instrument within wave 3 in C in the coming days.

by Jeff Wecker

Forex Analysis

April 2, 20200Comments

Analysis of EUR/USD and GBP/USD for April 2. Dollar Keeps Afloat Thanks to Relatively Good Statistics From the US

On April 1, the EUR / USD pair lost another 75 basis points, and thus, continued to build a prospective wave 2 as part of the future C. If this assumption is correct, then the quotes of the instrument may resume rising within the framework of wave 3 in C in the next few days.

by Jeff Wecker

Forex Analysis

April 1, 20200Comments

Analysis of EUR/USD and GBP/USD for April 1. Important Day for the American Currency.

On March 31, the EUR / USD pair lost only 10 basis points, although it fell 120 points during the day, to the level of 38.2% Fibonacci. However, an increase began closer to the close of trading on the day, which coincided with an unsuccessful attempt to break through the 38.2% Fibonacci level.

by Jeff Wecker

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