September 23, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 23, 2024

On Friday, the euro tried for the third time to test the resistance of the target level of 1.1186 and the upper boundary of the price channel.

by Jeff Wecker

Forex Analysis

September 20, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 20, 2024

The euro's second attempt to overcome the resistance at 1.1186 yesterday was unsuccessful — the price had to climb too far from the day's low,

by Jeff Wecker

Forex Analysis

September 19, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 19, 2024

So, the FOMC of the Federal Reserve lowered the rate by 0.50% yesterday, contrary to our expectation of 0.25% and against the forecasts of leading U.S.

by Jeff Wecker

Forex Analysis

September 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 18, 2024

Today, the Federal Reserve is expected to lower its interest rate. The markets have approached this event with the following expectations: there is a 36%

by Jeff Wecker

Forex Analysis

September 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 17, 2024

The Eurozone trade balance data for July released yesterday exceeded forecasts, coming in at €21.2 billion compared to the expected €14.9 billion.

by Jeff Wecker

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