October 19, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 19, 2023

Yesterday, the euro lacked the courage to initiate consolidation ahead of the strong resistance level at 1.0613. The price retreated from the daily balance indi

by Jeff Wecker

Forex Analysis

October 18, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 18, 2023

Yesterday, the euro settled above the target level of 1.0552. The Marlin oscillator is also in the positive territory. Now, the price needs to gather strength

by Jeff Wecker

Forex Analysis

October 17, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 17, 2023

On Monday, the euro made the right move by expressing its desire to resume an uptrend after falling on October 12-13. It closed the day above the 1.0552

by Jeff Wecker

Forex Analysis

October 16, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 16, 2023

Last Friday, the euro found support below the target level of 1.0552 on the daily chart. The support level at 1.0483 and the price channel line at 1.0464

by Jeff Wecker

Forex Analysis

October 13, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 13, 2023

EUR/USD made a powerful downward move, triggered by the US CPI for September, which showed a continued overall inflation rate of 3.7% y/y,

by Jeff Wecker

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