September 27, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 27, 2024

For the eighth consecutive session, the euro has struggled unsuccessfully with the resistance level at 1.1186. Even the daily Marlin oscillator is moving

by Jeff Wecker

Forex Analysis

September 26, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 26, 2024

On Wednesday, the euro fell by 45 pips amid a 0.19% decline in the S&P 500, a 2.78% drop in oil prices, and an increase in the yield of 5-year US government

by Jeff Wecker

Forex Analysis

September 25, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 25, 2024

The euro surged past the strong resistance level of 1.1186. Yesterday's trading volume was above average. The market is once again driven by risk appetite.

by Jeff Wecker

Forex Analysis

September 24, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 24, 2024

Yesterday's Eurozone business activity data for September came out pessimistic. The Manufacturing PMI weakened from 45.8 to 44.8, while the Services PMI showed

by Jeff Wecker

Forex Analysis

September 23, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 23, 2024

On Friday, the euro tried for the third time to test the resistance of the target level of 1.1186 and the upper boundary of the price channel.

by Jeff Wecker

« Older Articles Newer Articles »