Forex Technical Analysis

Markets are not in favor of Biden's possible tax increase. Overview of USD, EUR, GBP

As expected, the US President-elect Biden presented a plan to stimulate the economy, but the market's reaction to the speech was quite unexpected. Externally, the plan is in line with [...]

Tue, Jan 19, 2021
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Selling or buying euros?

The European currency is not going through its best days. It moved away from recent highs above 1.23 against the dollar. The euro continued to decline on Monday, feeling pressure [...]

Mon, Jan 18, 2021
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Analytics and trading signals for beginners. How to trade GBP/USD on January 19? Analysis of Monday. Getting ready for Tuesday

Hourly chart of the GBP/USD pairThe GBP/USD pair continued to move down on Monday, January 18, which eventually made it possible to form a new downward channel. Thus, we now [...]

Mon, Jan 18, 2021
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