August 2, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 2, 2023

Euro once again tested the balance line of the daily timeframe and bounced upwards to test resistance at 1.1012. Since the Marlin oscillator continues to declin

by Jeff Wecker

Forex Analysis

August 1, 20230Comments

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

Euro failed to approach the target range of 1.1068/92 yesterday, in part due to the large distance to cover and the technical resistance on lower timeframes.

by Jeff Wecker

Forex Analysis

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

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