March 29, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 29, 2024

Yesterday was a good day for the dollar: the final estimate of the US GDP for the fourth quarter was revised upwards from 3.2% y/y to 3.4% y/y,

by Jeff Wecker

Forex Analysis

March 28, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 28, 2024

Yesterday, the balance indicator line prevented the euro from falling further on the daily chart. This morning, the price is trying to break

by Jeff Wecker

Forex Analysis

March 27, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 27, 2024

Yesterday, the euro corrected higher, but due to pressure from the stock market (S&P 500 -0.28%), it ended the day down by 4 pips. The Marlin oscillator

by Jeff Wecker

Forex Analysis

March 26, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 26, 2024

As part of the correction, the euro rose by 28 pips on Monday. The pair continues to rise this morning, as it stays above the balance indicator line

by Jeff Wecker

Forex Analysis

March 25, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 25, 2024

On Friday, the euro fell by 53 pips. This morning, there was a weak attempt to reach the support at 1.0796, but the price doesn't have enough strength.

by Jeff Wecker

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