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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 5, 20240Comments

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

Last Friday's U.S. employment data came in weaker than expected. The Non-Farm Payrolls shows the U.S. added 114,000 new jobs, less than the forecast of 176,000
by Jeff Wecker
Forex Analysis
August 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 2, 2024

Despite the media-driven haze surrounding the resilience of the U.S. economy, we are observing a persistent two-week trend of shift away from risk.
by Jeff Wecker
Forex Analysis
August 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 1, 2024

Our assumption yesterday about the Federal Reserve's focus on changing the forecast for the number of rate cuts by the end of the year was confirmed.
by Jeff Wecker
Forex Analysis
July 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 31, 2024

Yesterday, the euro traded within a 37-pip range, ending the day with a 7-pip decline on volumes comparable to Monday's (above average).
by Jeff Wecker
Forex Analysis
July 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 30, 2024

Yesterday, the euro lost 33 pips. The day's low hit the support of the balance line on the daily chart, and the Marlin oscillator entered downtrend territory.
by Jeff Wecker
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