July 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 2, 2024

Yesterday, the euro closed below the Kijun-sen line with a large upper shadow. The euro has failed to reach the target level of 1.0788, and it is likely

by Jeff Wecker

Forex Analysis

July 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 1, 2024

The EUR/USD pair kicks off the new week on a cheerful note. The day opened with a gap, and the price reached the Kijun-sen line on the daily chart.

by Jeff Wecker

Forex Analysis

June 28, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 28, 2024

Contrary to our expectations, the euro did not fall to the nearest target range of 1.0636/50, but it also didn't rise above the resistance at 1.0724,

by Jeff Wecker

Forex Analysis

June 27, 20240Comments

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

Yesterday, the euro struggled to overcome a bearish path by 33 pips, pausing at the lower boundary of a wide consolidation range since mid-June.

by Jeff Wecker

Forex Analysis

June 26, 20240Comments

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

Time is currently working against the euro. If the single currency does not test the MACD line (1.0755) on the daily timeframe within the next two days,

by Jeff Wecker

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