November 2, 20230Comments

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

So, yesterday's Federal Reserve meeting, including Fed Chair Jerome Powell's press conference, turned out to be entirely neutral. However, neutrality confirms

by Jeff Wecker

Forex Analysis

November 1, 20230Comments

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

The euro was 12 pips short of reaching a strong resistance level at 1.0687. As a result, the single currency fell by 40 pips, and the price returned below the

by Jeff Wecker

Forex Analysis

October 31, 20230Comments

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

Yesterday, the euro showed its desire to rise on the day the Federal Reserve announced its monetary policy decision. In a way, market participants are already

by Jeff Wecker

Forex Analysis

October 30, 20230Comments

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

Today, we are making slight adjustments to the technical patterns on the daily chart, and the updated picture shows that the price is heading towards a magnetic

by Jeff Wecker

Forex Analysis

October 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 27, 2023

Yesterday, the euro lost 42 pips, almost reaching the descending green price channel line, and closed the day above the 1.0552 level, ending with a 5-pip declin

by Jeff Wecker

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