March 24, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 24, 2023

Yesterday, the euro desperately tried to climb above the MACD line on the daily chart, as well as on Wednesday, but at the end of the day,

by Jeff Wecker

Forex Analysis

March 23, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 23, 2023

Yesterday, the Federal Reserve raised the benchmark rate by 0.25% to 5.00%, as expected by most market participants. Now the markets are pricing in a 60%

by Jeff Wecker

Forex Analysis

March 22, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 22, 2023

The visit of Chinese state leader Xi Jinping to Moscow, assurances from US Treasury Secretary Janet Yellen that the government is ready to help medium and

by Jeff Wecker

Forex Analysis

March 21, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 21, 2023

Yesterday, the euro was up 53 points, having overcome not only the balance indicator line on the daily chart, but it had also gotten through the collapse

by Jeff Wecker

Forex Analysis

March 20, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 20, 2023

The single European currency was able to overcome the resistance level of 1.0660. It can stay at this level until the Federal Reserve meeting on Wednesday.

by Jeff Wecker

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