June 14, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 14, 2023

Our previous assumption of CPI manipulation as a signal for a Fed rate hike did not materialize. Inflation turned out to be even better than expected:

by Jeff Wecker

Forex Analysis

June 13, 20230Comments

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

The euro chose to wait within the range of 1.0738-1.0804 ahead of the Federal Reserve meeting, rather than the previously anticipated range of 1.0692-1.0738.

by Jeff Wecker

Forex Analysis

June 12, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 12, 2023

The euro is approaching the support level at 1.0738. The Marlin oscillator has backed off from attacking the zero line and has turned around as it approaches it

by Jeff Wecker

Forex Analysis

June 9, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 9, 2023

Yesterday, the euro surged upward by 83 pips, coming close to the target level of 1.0804. Now the situation is threefold: since the level of 1.0804

by Jeff Wecker

Forex Analysis

June 8, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 8, 2023

Wednesday's main event was the Bank of Canada's decision to raise the benchmark interest rate by 0.25% to 4.75%, contrary to market expectations of no change.

by Jeff Wecker

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