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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
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
Forex Analysis
September 16, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 16, 2024

Last Friday, the upper shadow of the euro's daily candle pierced the target level of 1.1085. It was a success, as the euro started today with growth.
by Jeff Wecker
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