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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
March 15, 20240Comments

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

On Thursday, the US S&P 500 decreased by 0.29% (Russell 2000 -1.96%), the yield on 5-year US government bonds rose from 4.19% to 4.29%, and the dollar
by Jeff Wecker
Forex Analysis
March 14, 20240Comments

Forex Analysis – Forecast For EUR/USD on March 14, 2024

The euro is gradually approaching the Fibonacci corrective target of 1.0971. However, the target is temporary since the price has to deal with a more important
by Jeff Wecker
Forex Analysis
March 13, 20240Comments

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

The US Consumer Price Index (CPI) for February came out mixed yesterday. The core CPI decreased from 3.9% YoY to 3.8% YoY, while the CPI increased from 3.1% YoY
by Jeff Wecker
Forex Analysis
March 12, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 12, 2024

On Monday, the 50.0% Fibonacci level held back the EUR/USD pair from falling, which we see on the daily chart. There are two more significant
by Jeff Wecker
Forex Analysis
March 11, 20240Comments

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

On Friday, amid generally weak U.S. labor market data, the euro reached the target level of 1.0971 based on the 61.8% Fibonacci retracement
by Jeff Wecker
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