February 2, 20210Comments

USD pairs on February 2

Two signals appeared in EUR / USD yesterday. The first one is to sell at 1.2123, however, even if at that time the MACD line was in the negative zone, the euro did not fall sharply in the market. Fortunately, after the release of weak retail sales in Germany, the quote tested 1.2123 again, and it led to a 30-pip drop towards 1.2089.

by Jeff Wecker

Forex Analysis

February 1, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on February 1

Good data on the German economy supported the euro. However, the buy signals that appeared in the market had to be ignored since the MACD line, during those times, were in the overbought zone.

by Jeff Wecker

Forex Analysis

January 29, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 29

Yesterday seems to be a bad trading day for EUR / USD. Given the low volatility of trading, two signals appeared on the market, one of which was unprofitable, while the other had to be ignored.

by Jeff Wecker

Forex Analysis

January 28, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 28

A sell signal appeared at 1.2148 yesterday. And since the MACD line was in the negative zone at that time, EUR / USD was able to decline to 1.2111. The downward movement occurred after the ECB conference, during which representatives talked about the high rate of the euro and the danger it poses to the EU economy.

by Jeff Wecker

Forex Analysis

January 27, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/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

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