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Jeff Wecker

Jeff Wecker

Jeff Wecker, the inventor of Forex Forager, is a former member of the Chicago Board of Trade. There, Jeff learned his craft in the 30-year bond pit, trading against the world's best, and now has survived and prospered in the industry for the past 25 years. He took the unique knowledge he gained at the CBOT and transitioned it to online trading, where he traded FX, commodities, stock indices, and bonds – all using his unique 5 pip/tick risk system. Visit us at Global Fx Trading Group

Forex Analysis
August 7, 20250Comments

EUR/USD Forecast for August 7, 2025

As a result of yesterday's 84-pip rise, the euro broke above the target level of 1.1632, testing the balance indicator line.
by Jeff Wecker
Forex Analysis
August 6, 20250Comments

EUR/USD Forecast for August 6, 2025

Yesterday's U.S. business sentiment data for July came out mixed: Markit's Services PMI rose from 52.9 to 55.7, and the Composite Index increased
by Jeff Wecker
Forex Analysis
August 5, 20250Comments

EUR/USD Forecast for August 5, 2025

The euro's trading range on Monday was 47 pips, and the day closed with a black (bearish) candlestick. The price failed to make a solid breakout
by Jeff Wecker
Forex Analysis
August 4, 20250Comments

EUR/USD Forecast for August 4, 2025

The euro's 170-pip rally on Friday represented a 50% correction from the extremes observed between July 24 and August 1.
by Jeff Wecker
Forex Analysis
August 1, 20250Comments

EUR/USD Forecast for August 1, 2025

Yesterday, markets saw a broad retreat from risk assets: the S&P 500 declined by 0.37%, the U.S. Dollar Index rose by 0.16%, and oil fell by 0.90%.
by Jeff Wecker
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