December 11, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 11, 2024

Investors' gradual shift away from risk continues. Yesterday, the U.S. stock index S&P 500 fell by 0.30%, and the euro followed suit, losing 24 pips,

by Jeff Wecker

Forex Analysis

December 10, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 10, 2024

The main event influencing the currency market on Monday was the decline in the U.S. stock market. The S&P 500 index fell by 0.61% after hitting a historic high

by Jeff Wecker

Forex Analysis

December 9, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 9, 2024

Friday's U.S. employment data delivered mixed results, leading to dollar weakness. This weakness aligned with gains in the stock market...

by Jeff Wecker

Forex Analysis

December 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 6, 2024

On Thursday, the euro gained 77 pips, driven by U.S. data from Challenger showing a rise in job cuts from 55,597 in October to 57,727 in November.

by Jeff Wecker

Forex Analysis

December 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 5, 2024

The euro traded within a 72-pip range on Wednesday, closing exactly at Tuesday's closing level. It consolidated above 1.0483, which could suggest preparation

by Jeff Wecker

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