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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
May 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 17, 2024

After a sharp rise on Wednesday, the euro retreated by 16 pips the next day. This morning, it continues to show a corrective decline (following the preceding
by Jeff Wecker
Forex Analysis
May 16, 20240Comments

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

Yesterday's market rally was spectacular: S&P 500 up 1.17%, gold up 1.55%, euro up 0.69% 64 pips. However, what's spectacular about it is not so much the price
by Jeff Wecker
Forex Analysis
May 15, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 15, 2024

Yesterday, the market experienced significant false movements across major currencies and stock markets. Overall, the dollar index lost 0.20%, while the euro
by Jeff Wecker
Forex Analysis
May 14, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 14, 2024

As expected, the main risk indicator – the stock market – declined yesterday (S&P 500 -0.02%), although it had mixed results (Russell 2000 0.29%).
by Jeff Wecker
Forex Analysis
May 13, 20240Comments

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

The euro edged down on Friday, failing to reach the target level of 1.0796. Perhaps this is a reversal, and the price may reach the support at 1.0724,
by Jeff Wecker
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