March 28, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 28, 2023

In a troubled European political environment, the euro rose 38 pips yesterday, leaving the target range of 1.0758/87. Risk appetite returned as both

by Jeff Wecker

Forex Analysis

March 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 27, 2023

The euro closed Friday with a 71-point drop. The price tried to get out of the target range of 1.0758/87, but it still ended the day within that range.

by Jeff Wecker

Forex Analysis

March 24, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 24, 2023

Yesterday, the euro desperately tried to climb above the MACD line on the daily chart, as well as on Wednesday, but at the end of the day,

by Jeff Wecker

Forex Analysis

March 23, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 23, 2023

Yesterday, the Federal Reserve raised the benchmark rate by 0.25% to 5.00%, as expected by most market participants. Now the markets are pricing in a 60%

by Jeff Wecker

Forex Analysis

March 22, 20230Comments

Forex Analysis – Forecast for EUR/USD on March 22, 2023

The visit of Chinese state leader Xi Jinping to Moscow, assurances from US Treasury Secretary Janet Yellen that the government is ready to help medium and

by Jeff Wecker

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