December 18, 20190Comments

USD for December 18. Inflation in Britain, inflation in the European Union

On December 17, the EUR / USD pair ended with an increase of 5 basis points. Such increase in the instrument, however, did not have any effect on the current wave marking, which still involves the completion of the construction of the expected wave 3 or C, and the transition to the construction of a new downward trend.

by Jeff Wecker

Forex Analysis

December 17, 20190Comments

Analysis of EUR/USD and GBP/USD for December 17. Business activity in the manufacturing sector in the EU continues to decline

On December 16, the EUR / USD pair completed with an increase of 15 basis points. The growth of the Euro currency did not affect the current wave marking, which still involves the completion of wave 3 or C and, with a high degree of probability, the entire upward trend section.

by Jeff Wecker

Forex Analysis

December 16, 20190Comments

Analysis of EUR/USD and GBP/USD for December 16. Is the ascent of the pound sterling and euro currency completed?

EUR / USD On December 13, the EUR/USD pair completed with a decrease of 10 basis points, although it made a dash up 70 points during the day. However, an unsuccessful attempt to break through the 100.0% Fibonacci level led to quotes moving away from the highs reached.

by Jeff Wecker

Forex Analysis