December 28, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the GBP/USD pair on December 28

Demand for the pound rose last Thursday on the news that the UK and EU concluded a trade deal. A strong buy signal emerged, and although the quote did not reach the target level, the transaction was still profitable since GBP / USD jumped 50 pips up from 1.3565.

by Jeff Wecker

Forex Analysis

December 28, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD pair on December 28

A sell signal emerged on the EUR / USD pair last Thursday. However, the MACD line was on a negative value, which suggests that it would be unprofitable to open short positions in the market.

by Jeff Wecker

Forex Analysis

December 24, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 24

There were three deals in the euro yesterday. During the European session, euro bulls tested the level of 1.2198, however, by that time, the MACD line was not in the best position, therefore, growth did not take place.

by Jeff Wecker

Forex Analysis

December 23, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 23

There were three deals in the euro yesterday. The first one are short positions from 1.2215, which were quite promising. However, each time that the market went down, euro bulls were able to win back the whole movement.

by Jeff Wecker

Forex Analysis

December 22, 20200Comments

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

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