July 19, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 19, 2024

Yesterday, market correlations returned to their usual state: oil and stock indexes declined, along with other anti-dollar currencies. The euro fell 42 pips

by Jeff Wecker

Forex Analysis

July 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 18, 2024

Yesterday we saw the same pattern, but this time the S&P 500 dropped 1.39%, while oil soared by 2.50%. The euro took the side of commodities,

by Jeff Wecker

Forex Analysis

July 17, 20240Comments

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

Yesterday, the S&P 500 rose by 0.78% setting a new record, gold rose by 1.94%, and the euro stopped retreating.

by Jeff Wecker

Forex Analysis

July 16, 20240Comments

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

Yesterday, the euro failed to consolidate above the target level of 1.0905, closing the day down by 12 pips. The divergence with the Marlin oscillator increased

by Jeff Wecker

Forex Analysis

July 15, 20240Comments

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

By the end of the week, the euro managed to reach the target level of 1.0905, which is the upper boundary of the descending price channel on the weekly timefram

by Jeff Wecker

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