May 2, 20240Comments

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

Yesterday's FOMC meeting turned out to be hawkish in terms of Federal Reserve Chair Jerome Powell's statements at the press conference.

by Jeff Wecker

Forex Analysis

April 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 30, 2024

Yesterday, the euro edged up, with resistance at 1.0724 holding firm, and the price consolidated below this mark on the daily timeframe.

by Jeff Wecker

Forex Analysis

April 29, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 29, 2024

On Friday, the euro fell by 36 pips on significant trading volumes. The reason behind this was the US inflation data, as US PCE inflation rose by 2.7% YoY in M

by Jeff Wecker

Forex Analysis

April 26, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 26, 2024

Yesterday, it was difficult for the euro to close the day with a white candle, under pressure due to the high volatility of the stock market.

by Jeff Wecker

Forex Analysis

April 25, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 25, 2024

Yesterday, the euro stalled at the signal-intermediate level of 1.0696 (February 14 low) and even closed above it with a daily candle. The Marlin oscillator's

by Jeff Wecker

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