September 7, 20230Comments

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

At the end of Wednesday, the euro moved by only 4 pips, which formally maintains the downtrend but shifts the indicators' readings towards a reversal.

by Jeff Wecker

Forex Analysis

September 6, 20230Comments

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

Pessimism is taking over the currency market and the broader financial landscape. Yesterday, the Reserve Bank of Australia kept its benchmark rate at 4.10%,

by Jeff Wecker

Forex Analysis

September 5, 20230Comments

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

Yesterday, the euro gained 19 pips despite a relatively muted day. From a technical perspective, the situation has not changed. A close below 1.0774 would pave

by Jeff Wecker

Forex Analysis

September 4, 20230Comments

Forex Analysis – Forecast for EUR/USD on September 4, 2023

The short-term battle of speculators with the release of US employment data ended in favor of the dollar bulls. The dollar index rose by 0.58%, US government

by Jeff Wecker

Forex Analysis

September 1, 20230Comments

Forex Analysis – Forecast for EUR/USD on September 1, 2023

In the middle of the summer, we repeatedly mentioned that we expect a significant market reversal in conjunction with a decline in the stock market.

by Jeff Wecker

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