July 31, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 31, 2023

On Friday, euro failed to break below the support of the MACD line and corrected upwards with a brief move above the level of 1.1012.

by Jeff Wecker

Forex Analysis

July 28, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 28, 2023

The euro is once again (after 20 days) disrupting the market. The European Central Bank raised its rate by 0.25% yesterday, and ECB President Christine Lagarde

by Jeff Wecker

Forex Analysis

July 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 27, 2023

As a result of yesterday's FOMC meeting, the interest rate was raised by 0.25% to 5.50%. Accompanying data, including Federal Reserve Chair Jerome Powell's

by Jeff Wecker

Forex Analysis

July 26, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 26, 2023

Yesterday, due to discrepancies in the PMIs between Germany and the United States, the euro weakened by 0.08% (other world currencies strengthened,

by Jeff Wecker

Forex Analysis

July 25, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 25, 2023

There is one day left until the Federal Reserve announces its interest rate decision, and the euro, like other counter-dollar currencies, is struggling to

by Jeff Wecker

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