The US dollar has long been considered a safe currency for global investors. Therefore, any situation where the economy is injected with a massive financial aid leads to the dollar doubling in…
Tag: Donald Trump
Forex Analysis & Reviews: 15.01.2021
In his electoral campaign last year, Joe Biden promised that he will boost the US economy “more seriously than Trump.” Clearly, he intends to follow this, so yesterday, he presented a proposal…
Forex Analysis & Reviews: 08.01.2021
EUR/USD – 1H. On January 7, the EUR/USD pair performed a consolidation under the upward trend line, thus, the mood of traders changed to “bearish”, and the process of falling quotes can…
Forex Analysis & Reviews: 31.12.2020
As already noted the day before, the main currency pair of the Forex market ends 2020 with strong growth. The outgoing year was very unusual and difficult, as the world was covered…
Forex Analysis & Reviews: 31.12.2020
EUR/USD – 1H. On December 30, the EUR/USD pair continued the growth process to the corrective level of 323.6% (1.2308). The rebound of quotes from this level allows traders to count on…
Forex Analysis & Reviews: 29.12.2020
Relevance up to 13:00 UTC+3 The wave layout for the EUR/USD pair still indicates the formation of an ascending trend section. However, we can assume that the formation of an uptrend has…
Forex Analysis & Reviews: 25.12.2020
EUR/USD – 1H. On December 24, the EUR/USD pair performed a reversal in favor of the US currency and returned to the upward trend line. The rebound of quotes from this line…