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Forex Analysis
June 23, 20200Comments

Analysis of EUR/USD and GBP/USD for June 23. Washington and Beijing are Unsure Whether to Continue to Comply with the Terms of the Trade Agreement

On June 22, the EUR/USD pair gained about 75 basis points and, thus, presumably completed the construction of the wave C in 4 in C in B. If this is true, then the instrument has moved on to building an upward wave 5.
by Jeff Wecker
Forex Analysis
June 22, 20200Comments

Analysis of EUR/USD and GBP/USD for June 22. There are Problems with Additional Packages of Assistance to the Economy in the US and EU

On June 19, the EUR/USD pair lost about 25 basis points and, thus, continued to build the expected wave C in 4 in C in B. If the current wave markup is correct, then the decline in quotes will continue with targets located near the 100.0% Fibonacci level.
by Jeff Wecker
Forex Analysis
June 19, 20200Comments

Analysis on EUR / USD and GBP / USD for June 19, 2020

On June 18, the EUR / USD pair lost about 40 basis points and, thus, continued construction of a prospective wave C 4 to C in B. If this is true, then the decline in quotes will continue with targets located near the level of 100.0% Fibonacci.
by Jeff Wecker
Forex Analysis
June 18, 20200Comments

Analysis of EUR/USD and GBP/USD for June 18. Euro Keeps Chances to Grow, But the EU Summit can Reduced Them to “zero”

On June 17, the EUR/USD pair lost about 20 basis points and thus, continued to build the expected wave C in 4 in C in B. If this is true, then the decline in quotes will continue with targets located near the 100.0% and 76.4% Fibonacci levels.
by Jeff Wecker
Forex Analysis
June 17, 20200Comments

Analysis on EUR / USD and GBP / USD for June 17, 2020

On June 16, the EUR / USD pair again lost approximately 60 bps and thereby completed building supposed wave b to 4 in C in B. If so, then lowering the tool quotes will continue with the purposes arranged around levels and 100.0% 76.4% Fibonacci, under waves with a 4 to C to B.
by Jeff Wecker
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