June 7, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 7, 2023

On Tuesday, the euro dipped below the lower range of 1.0692-1.0738, closing exactly at the level of 1.0692. It seems that the euro did not consolidate below

by Jeff Wecker

Forex Analysis

June 6, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 6, 2023

Yesterday, the euro and other currencies started trading lower, while volatility was weak. The main reason for the change in sentiment was the weak PMIs

by Jeff Wecker

Forex Analysis

June 5, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 5, 2023

US President Biden signed a law lifting the debt ceiling (to $31.47 trillion) until January 1, 2025, after which it will be raised.

by Jeff Wecker

Forex Analysis

June 2, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 2, 2023

On Thursday, markets opted for a correction across the board. Mixed sentiments from the FOMC regarding the June rate, avoiding a US default, and optimism surro

by Jeff Wecker

Forex Analysis

June 1, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 1, 2023

The euro closed yesterday with a black candle. The lower shadow almost reached the target line of the descending price channel. Surprisingly, such a strong move

by Jeff Wecker

« Older Articles Newer Articles »