February 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on February 6, 2024

On Monday, the euro fell by 44 pips, reaching the target level of 1.0730 with the lower shadow of the daily candle. The price surpassed the lower

by Jeff Wecker

Forex Analysis

February 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on February 5, 2024

Last Friday, the US employment data from the US Bureau of Labor Statistics surprised the currency market. US nonfarm payroll employment far exceeded

by Jeff Wecker

Forex Analysis

February 2, 20240Comments

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

Yesterday, the euro, which was losing momentum, received support from the stock market, which gained 1.25% (S&P 500) and lifted the euro by 54 pips. On the dail

by Jeff Wecker

Forex Analysis

February 1, 20240Comments

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

The outcome of yesterday's Federal Reserve meeting was far from dovish. The FOMC wants more evidence inflation is heading toward its 2% target.

by Jeff Wecker

Forex Analysis

January 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 31, 2024

The euro completed a small task that was set before yesterday – it worked out the resistance of the MACD indicator line on the daily timeframe,

by Jeff Wecker

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