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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
June 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 13, 2024

Yesterday, the US dollar fell by 0.87%, with the key event being the release of the US CPI for May. The core index decreased from 3.6% y/y to 3.4% y/y,
by Jeff Wecker
Forex Analysis
June 11, 20240Comments

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

On the weekly chart, the euro has opened a gap below the support of the Kijun-sen line, setting a target at 1.0369, which coincides with the August 2022
by Jeff Wecker
Forex Analysis
June 10, 20240Comments

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

US unemployment rose from 3.9% to 4.0% in May as the labor force participation rate fell from 62.7% to 62.5%, non-farm payrolls added 272k new jobs vs.
by Jeff Wecker
Forex Analysis
June 7, 20240Comments

Forex Analysis – Forecast of EUR/USD on June 7, 2024

So, the ECB rate cut by the expected 0.25% has passed. The euro reacted calmly to the news, even slightly increasing its resistance of 1.0905.
by Jeff Wecker
Forex Analysis
June 6, 20240Comments

Forex Analysis – Forecast of EUR/USD on June 6, 2024

In anticipation of today's ECB meeting, the euro has covered the entire range of target levels, nearly 120 points (1.0788-1.0905), with final consolidation
by Jeff Wecker
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