June 9, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 9, 2023

Yesterday, the euro surged upward by 83 pips, coming close to the target level of 1.0804. Now the situation is threefold: since the level of 1.0804

by Jeff Wecker

Forex Analysis

June 8, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 8, 2023

Wednesday's main event was the Bank of Canada's decision to raise the benchmark interest rate by 0.25% to 4.75%, contrary to market expectations of no change.

by Jeff Wecker

Forex Analysis

June 7, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 7, 2023

On Tuesday, the euro dipped below the lower range of 1.0692-1.0738, closing exactly at the level of 1.0692. It seems that the euro did not consolidate below

by Jeff Wecker

Forex Analysis

June 6, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 6, 2023

Yesterday, the euro and other currencies started trading lower, while volatility was weak. The main reason for the change in sentiment was the weak PMIs

by Jeff Wecker

Forex Analysis

June 5, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 5, 2023

US President Biden signed a law lifting the debt ceiling (to $31.47 trillion) until January 1, 2025, after which it will be raised.

by Jeff Wecker

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