December 30, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the GBP/USD pair on December 30

Two signals emerged in the pound yesterday. However, they turned out not as profitable as expected. First, since the MACD line moved below zero, short positions build up at 1.3470, but the downward movement did not take place.

by Jeff Wecker

Forex Analysis

December 30, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD pair on December 30

Three buy signals emerged in the market yesterday. The first one is at 1.2250, which appeared after the MACD line moved upwards in the chart, indicating the weak recovery prospects for EUR / USD.

by Jeff Wecker

Forex Analysis

December 29, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD pair on December 29

The trading signal that emerged in EUR / USD yesterday was rather ambiguous, since on the one hand, long positions set at 1.2222 led to a price jump of about 25 pips, which, in such a low trading volume and under most yearly highs, is pretty good.

by Jeff Wecker

Forex Analysis

December 29, 20200Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the GBP/USD pair on December 29

A profitable but rather ambiguous signal emerged in the GBP / USD pair yesterday. In particular, it was to sell the pound from 1.3536, which led to a price drop of more than 50 pips.

by Jeff Wecker

Forex Analysis

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

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