January 22, 20210Comments

USD pairs on January 22

Three signals emerged in EUR / USD yesterday. However, not all of them were profitable, and some should have been ignored altogether. Anyhow, the first one is to sell the euro at 1.2120, which did not lead to the desired result even though the MACD line was in a negative zone.

by Jeff Wecker

Forex Analysis

January 21, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 21

Weak inflation report pulled demand for the euro down yesterday. As a result, a sell signal appeared at 1.2130, which led to a downward movement of about 30 pips.

by Jeff Wecker

Forex Analysis

January 20, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 20

Euro rose amid strong economic indicators from Germany. In fact, it led to a good buy signal at 1.2105, which was further supported by the MACD line entering a positive zone. All in all, the euro moved 40 pips up towards 1.2145.

by Jeff Wecker

Forex Analysis

January 19, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 19

Trading volatility was very low yesterday, so as a result, euro bears were not able to completely take control of the market. To add to that, selling at 1.2057 should have been ignored, mainly due to the fact that the MACD line was in the oversold zone.

by Jeff Wecker

Forex Analysis

January 18, 20210Comments

Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 18

A good sell signal emerged for the euro at 1.2131, which was also supported by the MACD line, since at that time, the indicator had just moved into the negative zone. So, as a result, EUR / USD moved down by about 30 pips, however, the pair did not reach the target level.

by Jeff Wecker

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