May 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 31, 2024

Yesterday, the euro almost reached the crucial support of the MACD line and the descending price channel line, but the U.S. report stopped the single currency.

by Jeff Wecker

Forex Analysis

May 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 30, 2024

The euro didn't wait for the European Central Bank meeting in the narrow range we anticipated but immediately headed towards its lower boundary at the level

by Jeff Wecker

Forex Analysis

May 29, 20240Comments

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

Yesterday, the euro pierced the upper shadow of the daily candle, breaching the upper boundary of the price channel dating back to December 2023.

by Jeff Wecker

Forex Analysis

May 28, 20240Comments

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

The euro closed Monday up by 12 pips. This morning, the single currency continued to rise, which shows that it intends to reach the upper boundary of the price

by Jeff Wecker

Forex Analysis

May 27, 20240Comments

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

On Friday, the euro corrected upwards against the entire movement that started since May 16th. The correction turned out to be deep, almost 62%,

by Jeff Wecker

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