November 13, 20230Comments

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

On Friday, the euro rebounded for the fourth time from the MACD indicator line with the lower shadow of the daily candle. Visually, the price has risen further,

by Jeff Wecker

Forex Analysis

November 10, 20230Comments

Forex Analysis – Forecast for EUR/USD on November 10, 2023

On Thursday, the euro tried to break lower. However, just like its previous efforts, it was stopped by the MACD indicator line on the daily chart.

by Jeff Wecker

Forex Analysis

November 9, 20230Comments

Forex Analysis – Forecast for EUR/USD on November 9, 2023

Yesterday, the euro tried to overcome the support of the MACD indicator line on the daily chart. Just like its first attempt on Tuesday, it failed once again.

by Jeff Wecker

Forex Analysis

November 8, 20230Comments

Forex Analysis – Forecast for EUR/USD on November 8, 2023

On Tuesday, the euro continued to face pressure from Monday, even slightly more so due to the decline in commodity prices (crude oil down 2.1%) and as U.S.

by Jeff Wecker

Forex Analysis

November 7, 20230Comments

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

On Monday, the euro failed to continue Friday's rally. An attempt to push the price above the Fibonacci ray had failed, meaning it couldn't close the daily

by Jeff Wecker

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