April 19, 20230Comments

Forex Analysis – Forecast for EUR/USD on April 19, 2023

Amid neutral global events on Tuesday, weak data on construction in the US, and strong indicators for the Chinese economy, the dollar index lost 0.35%.

by Jeff Wecker

Forex Analysis

April 18, 20230Comments

Forex Analysis – Forecast for EUR/USD on April 18, 2023

Yesterday, the euro fell by 0.59% and became the leader of the day. The price is approaching the 1.0890 target, set by the MACD line on the daily chart.

by Jeff Wecker

Forex Analysis

April 17, 20230Comments

Forex Analysis – Forecast for EUR/USD on April 17, 2023

On the weekly chart, the price is starting to form a reversal divergence with the Marlin oscillator from the long-lasting correction from October 2022.

by Jeff Wecker

Forex Analysis

April 14, 20230Comments

Forex Analysis – Forecast for EUR/USD on April 14, 2023

Yesterday's rise in the dollar index by 0.57% and the euro's rise by 0.49% were largely based on expectations for today's quarterly reports from the biggest US

by Jeff Wecker

Forex Analysis

April 13, 20230Comments

Forex Analysis – Forecast for EUR/USD on April 13, 2023

So, out of the four scenarios I presented in yesterday's review, the euro chose the growth scenario with the divergence, which has been formed on the daily

by Jeff Wecker

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