April 3, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 3, 2024

On Tuesday, the euro reached the target level of 1.0724 and bounced upwards from it, closing the day with a 25-point increase. The S&P 500 stock index

by Jeff Wecker

Forex Analysis

April 2, 20240Comments

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

Yesterday we saw slightly mixed but generally upbeat US reports. The S&P US Manufacturing PMI was 51.9 in March, slightly down from 52.2 in February,

by Jeff Wecker

Forex Analysis

April 1, 20240Comments

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

On Friday, the price closed below the balance indicator line on the daily chart. This morning, the price is trying to rise above the level of 1.0796.

by Jeff Wecker

Forex Analysis

March 29, 20240Comments

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

Yesterday was a good day for the dollar: the final estimate of the US GDP for the fourth quarter was revised upwards from 3.2% y/y to 3.4% y/y,

by Jeff Wecker

Forex Analysis

March 28, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 28, 2024

Yesterday, the balance indicator line prevented the euro from falling further on the daily chart. This morning, the price is trying to break

by Jeff Wecker

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