June 28, 20240Comments

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

Contrary to our expectations, the euro did not fall to the nearest target range of 1.0636/50, but it also didn't rise above the resistance at 1.0724,

by Jeff Wecker

Forex Analysis

June 27, 20240Comments

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

Yesterday, the euro struggled to overcome a bearish path by 33 pips, pausing at the lower boundary of a wide consolidation range since mid-June.

by Jeff Wecker

Forex Analysis

June 26, 20240Comments

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

Time is currently working against the euro. If the single currency does not test the MACD line (1.0755) on the daily timeframe within the next two days,

by Jeff Wecker

Forex Analysis

June 25, 20240Comments

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

The counter-dollar bulls are not giving up. Yesterday, the euro rose by 42 pips while stock indexes closed mixed, breaking above the resistance level of 1.0724.

by Jeff Wecker

Forex Analysis

June 24, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 24, 2024

The euro's decline on Friday was small but still substantial – along with it, stock indexes, commodities, and precious metals also fell.

by Jeff Wecker

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