August 31, 20230Comments

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

On Wednesday, US reports showed a tougher economic environment for the US economy as well as a softer labor market. Private businesses in the US hired 177,000

by Jeff Wecker

Forex Analysis

August 30, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 30, 2023

On Tuesday, the euro tried to approach the support level of 1.0774, but the bulls held on to their strong positions, and as a result, the euro closed the day

by Jeff Wecker

Forex Analysis

August 29, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 29, 2023

This morning, the euro is correcting higher, reaching the important resistance level of 1.0834. The signal line of the Marlin oscillator is rising on the daily

by Jeff Wecker

Forex Analysis

August 28, 20230Comments

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

The remarks made by Federal Reserve Chair Jerome Powell at the Jackson Hole symposium are considered hawkish. To some extent, this is true, as he emphasized

by Jeff Wecker

Forex Analysis

August 25, 20230Comments

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

On Thursday, markets witnessed a flight from risk: the S&P 500 -1.35%, dollar index by 0.58%. The euro initially tried to break above 1.0865 earlier

by Jeff Wecker

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