December 16, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 16, 2024

On Friday, the euro rebounded from the technical support level at 1.0461, closing the day with a 37-pip gain. During today's Pacific session,

by Jeff Wecker

Forex Analysis

December 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 13, 2024

Following yesterday's 0.25% interest rate cut by the European Central Bank, the euro exhibited slightly increased intraday volatility and ended the day

by Jeff Wecker

Forex Analysis

December 12, 20240Comments

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

On Wednesday, the euro declined slightly further, approaching the lower boundary of the 1.0461–1.0598 range. The Marlin oscillator on the daily timeframe

by Jeff Wecker

Forex Analysis

December 11, 20240Comments

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

Investors' gradual shift away from risk continues. Yesterday, the U.S. stock index S&P 500 fell by 0.30%, and the euro followed suit, losing 24 pips,

by Jeff Wecker

Forex Analysis

December 10, 20240Comments

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

The main event influencing the currency market on Monday was the decline in the U.S. stock market. The S&P 500 index fell by 0.61% after hitting a historic high

by Jeff Wecker

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