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Forex Analysis

Forex Analysis
December 24, 20240Comments

Forex Analysis – EUR/USD Forecast for December 24, 2024

The euro declined yesterday, retreating from the resistance level of 1.0461 and ending the day with a 24-pip drop. The Marlin oscillator also moved lower
by Jeff Wecker
Forex Analysis
December 23, 20240Comments

Forex Analysis – EUR/USD Forecast for December 23, 2024

On Friday, the euro completed its correction from the December 17-18 price decline. Assuming that the correction is incomplete, a move above 1.0461 would
by Jeff Wecker
Forex Analysis
December 19, 20240Comments

Forex Analysis – EUR/USD Forecast for December 19, 2024

At yesterday's FOMC meeting, the Federal Reserve cut the rate by the anticipated 0.25%. However, the FOMC projected only two rate cuts for the upcoming year
by Jeff Wecker
Forex Analysis
December 18, 20240Comments

Forex Analysis – EUR/USD Forecast for December 18, 2024

As the FOMC meeting decision approaches today, the euro remains neutral. The pair is trading slightly above the 1.0461 support level,
by Jeff Wecker
Forex Analysis
December 17, 20240Comments

Forex Analysis – EUR/USD Forecast for December 17, 2024

The euro continues its slow technical upward movement within the trading range of 1.0461–1.0598, awaiting the Federal Reserve's rate decision.
by Jeff Wecker
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