July 12, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 12, 2024

Yesterday's U.S. inflation data exceeded even the most optimistic expectations: the Consumer price index fell from 3.3% YoY to 3.0% YoY against

by Jeff Wecker

Forex Analysis

July 11, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 11, 2024

Ahead of the release of the US inflation data, stock indexes suddenly showed solid gains, with the S&P 500 gaining more than 1%.

by Jeff Wecker

Forex Analysis

July 10, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 10, 2024

Yesterday was a calm day on the forex market, with the euro slightly decreasing after bouncing off the daily balance indicator line (red moving average).

by Jeff Wecker

Forex Analysis

July 9, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 9, 2024

Yesterday, the euro closed a 36-pip gap and even slightly surpassed last week's high. It closed the day below the indicator balance line.

by Jeff Wecker

Forex Analysis

July 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 8, 2024

The euro ended last week by testing the resistance of the MACD indicator line on the weekly chart. Perhaps, the price is already on the way to climb above Frida

by Jeff Wecker

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