September 30, 20200Comments

USD pairs on September 30

Good data on the Eurozone economy led to a rather decent growth in the European currency, during which the quote rose about 25 pips from the level of 1.1687. Key indicators, despite the recent surge in coronavirus infections, have shown promising improvements, signaling good economic recovery.

by Jeff Wecker

Forex Analysis

September 29, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 29

The euro rose in the market yesterday, but the movement was no more than 20 pips, since there were no important reports nor any strong factor that could set off large movements in the EUR / USD pair.

by Jeff Wecker

Forex Analysis

September 28, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 28

Short positions arose in the EUR / USD pair last Friday, as a result of which the quote moved down 25-30 pips from the level of 1.1647.

by Jeff Wecker

Forex Analysis

September 25, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 25

The bears failed to trigger a large decrease in the EUR / USD pair yesterday, so as a result, short positions in the market only brought about 20 pips of profit. Nevertheless, the priority is still on sales, since weak reports for Germany put pressure on the European currency.

by Jeff Wecker

Forex Analysis

September 24, 20200Comments

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on September 24

The weaker-than-expected data on the euro area's PMI halted the growth of the European currency in the market, so as a result, long positions from 1.1703 only made about 15 pips of profit in the EUR / USD pair. Then, afterwards, the quote turned in the other direction, but the movement was not as large as anticipated.

by Jeff Wecker

« Older Articles