June 1, 20200Comments

USD for June 1. US Dollar Continues to Lose Demand Due to Sad News in America

On May 29, the EUR/USD pair gained about 20 more basis points and, thus, continues to build the estimated wave 3 in 3 in C in B of the upward trend section. If this is true, then the increase in quotes will continue with targets located near the levels of 127.2% and 161.8% Fibonacci.

by Jeff Wecker

Forex Analysis

May 29, 20200Comments

Analysis of EUR/USD and GBP/USD for May 29. Demand for the Dollar Falls Due to Tensions Between US and China

On May 28, the EUR/USD pair gained about 70 more basis points and, thus, continues to build the estimated wave 3 in 3 in C in B of the upward trend section.

by Jeff Wecker

Forex Analysis

May 28, 20200Comments

Analysis of EUR/USD and GBP/USD for May 28. Euro Continues to be in Demand Amid Optimism Over a New Plan to Save the European Economy

On May 27, the EUR/USD pair gained about 25 more basis points and, thus, presumably continues to build wave 3 in C to B of the upward trend section. The instrument finally updated the peak of wave 1, which indirectly confirmed its readiness to continue raising quotes.

by Jeff Wecker

Forex Analysis

May 27, 20200Comments

Analysis of EUR/USD and GBP/USD for May 27. America is Preparing Sanctions Against China

On May 26, the EUR/USD pair gained about 85 base points and, thus, supposedly resumed the construction of wave 3 in C in B of the upward trend section.

by Jeff Wecker

Forex Analysis

May 26, 20200Comments

Analysis of EUR/USD and GBP/USD for May 26. Hong Kong Becomes a New Point of Conflict Between Beijing and Washington

On May 25, the EUR/USD pair literally lost a few basic points, so the wave markings did not suffer any changes. However, this pair began to rise this morning, which gives hope for the implementation of the current wave pattern, which involves the construction of wave 3 in C in B.

by Jeff Wecker

« Older Articles Newer Articles »