December 7, 20200Comments

USD pairs on December 7

The lack of news last Friday morning hindered the euro bulls in fully utilizing the upward potential of the European currency, although there were preconditions for it.

by Jeff Wecker

Forex Analysis

December 4, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 4

Yesterday, long positions at 1.2130 raised the euro up by about 30 pips, however, the weak data on the euro area's services sector pushed the currency down again.

by Jeff Wecker

Forex Analysis

December 3, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 3

Several trading signals emerged for the euro yesterday, however, all of them did not bring much result. Short positions at 1.2065 pushed the euro down by only 15 pips, since as soon as economic reports for the EU economy was published, the downward move of the currency halted.

by Jeff Wecker

Forex Analysis

December 2, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 2

Euro bulls were very active in the market yesterday, as a result of which the EUR / USD pair moved up by about 40 pips, continuing the upward trend. The news that the United States is planning to separately accept another package of economic assistance

by Jeff Wecker

Forex Analysis

December 1, 20200Comments

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

The optimism of euro bulls disappeared immediately yesterday amid terrible inflation report from Germany. Then, short positions set at 1.1963 led to losses, but long positions from 1.1984 gave better price movement.

by Jeff Wecker

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