Forex Analysis – Forecast for EUR/USD on July 17, 2024
Yesterday, the S&P 500 rose by 0.78% setting a new record, gold rose by 1.94%, and the euro stopped retreating.
Jeff Wecker
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Jeff Wecker
Forex Analysis – Forecast for EUR/USD on July 16, 2024
Yesterday, the euro failed to consolidate above the target level of 1.0905, closing the day down by 12 pips. The divergence with the Marlin oscillator increased
Jeff Wecker
Forex Analysis – Forecast for EUR/USD on July 15, 2024
By the end of the week, the euro managed to reach the target level of 1.0905, which is the upper boundary of the descending price channel on the weekly timefram
Jeff Wecker
Forex Analysis – Forecast for EUR/USD on July 12, 2024
Yesterday's U.S. inflation data exceeded even the most optimistic expectations: the Consumer price index fell from 3.3% YoY to 3.0% YoY against
Jeff Wecker
Forex Analysis – Forecast for EUR/USD on July 11, 2024
Ahead of the release of the US inflation data, stock indexes suddenly showed solid gains, with the S&P 500 gaining more than 1%.
Jeff Wecker