January 2, 20240Comments

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

In the final trading day of 2023, the euro fell by 25 pips on below-average volume, finding support at 1.1033. Since there was no significant profit-taking,

by Jeff Wecker

Forex Analysis

December 29, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 29, 2023

Yesterday, the euro failed to settle above the level of 1.1076 and, with below-average volumes, returned below it. Reduced trading volumes

by Jeff Wecker

Forex Analysis

December 28, 20230Comments

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

Euro surpassed the upper boundary of the price channel (green) that began in May 2021. The ascending channel (blue) now replaces it.

by Jeff Wecker

Forex Analysis

December 27, 20230Comments

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

The pre-New Year rally continues; S&P 500 up 0.42%, the euro up by 28 points, oil up by 1.99%, and gold up by 0.52%. The euro has surpassed the target

by Jeff Wecker

Forex Analysis

December 26, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 26, 2023

So far, the euro has reached the first bullish target at 1.1033. Now, the target is 1.1076 (the peak of April 14) at the intersection with the upper band

by Jeff Wecker

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