December 14, 20200Comments

USD pairs on December 14

Euro bears tried everything they could to take control of the market, especially after the ECB's decision to increase its bond purchase program last Thursday. However, they failed to trigger a massive sell-off in the euro, as many traders continue to believe in risks and a major recovery in the European economy next year.

by Jeff Wecker

Forex Analysis

December 11, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 11

The outcome of the ECB meeting yesterday did not lead to major sell-offs in the European currency. Instead, it created a good buy signal at 1.2110, which made it possible to compensate for all losses from earlier transactions.

by Jeff Wecker

Forex Analysis

December 10, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 10

Long positions from 1.2139 did not bring much profit, because after a slight increase from this area, the market stopped and then completely reversed.

by Jeff Wecker

Forex Analysis

December 9, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 9

Disappointing data on EU Q3 GDP left the EUR / USD pair in a narrow sideways channel yesterday. To add to that, the buy signals that appeared in the market proved to be false, therefore, all of them brought losses.

by Jeff Wecker

Forex Analysis

December 8, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 8

Bad news on Brexit helped euro bears to achieve a good downward movement in the EUR / USD pair. However, the quote was not able to reach the target level which was 1.2078.

by Jeff Wecker

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