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

Forex Analysis

July 12, 20240Comments

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

Yesterday's U.S. inflation data exceeded even the most optimistic expectations: the Consumer price index fell from 3.3% YoY to 3.0% YoY against

by Jeff Wecker

Forex Analysis

July 11, 20240Comments

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

Ahead of the release of the US inflation data, stock indexes suddenly showed solid gains, with the S&P 500 gaining more than 1%.

by Jeff Wecker

Forex Analysis

July 10, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 10, 2024

Yesterday was a calm day on the forex market, with the euro slightly decreasing after bouncing off the daily balance indicator line (red moving average).

by Jeff Wecker

« Older Articles Newer Articles »