November 1, 20230Comments

Forex Analysis – Forecast for EUR/USD on November 1, 2023

The euro was 12 pips short of reaching a strong resistance level at 1.0687. As a result, the single currency fell by 40 pips, and the price returned below the

by Jeff Wecker

Forex Analysis

October 31, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 31, 2023

Yesterday, the euro showed its desire to rise on the day the Federal Reserve announced its monetary policy decision. In a way, market participants are already

by Jeff Wecker

Forex Analysis

October 30, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 30, 2023

Today, we are making slight adjustments to the technical patterns on the daily chart, and the updated picture shows that the price is heading towards a magnetic

by Jeff Wecker

Forex Analysis

October 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 27, 2023

Yesterday, the euro lost 42 pips, almost reaching the descending green price channel line, and closed the day above the 1.0552 level, ending with a 5-pip declin

by Jeff Wecker

Forex Analysis

October 26, 20230Comments

Forex Analysis – Forecast for EUR/USD on October 26, 2023

Unfortunately, the euro did not gain enough support to build up its bullish potential, while the bearish potential received support.

by Jeff Wecker

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