August 10, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 10, 2023

Yesterday was relatively calm in anticipation of today's US CPI data for July and the ongoing placement of $38 billion worth of 10-year government bonds.

by Jeff Wecker

Forex Analysis

August 9, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 9, 2023

Yesterday's movement from the level of 1.1012 down to the support level at 1.0924 prevented the euro's attempt at a breakthrough. The support, reinforced by the

by Jeff Wecker

Forex Analysis

August 8, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 8, 2023

Risk appetite is slowly returning to the markets. Yesterday, the S&P 500 rose by 0.90%, gold prices fell by 0.36%, and the yield on US government bonds remained

by Jeff Wecker

Forex Analysis

August 7, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 7, 2023

Friday's US employment data for July came out positive. Nonfarm payrolls increased 187,000 in July, average hourly earnings rose 0.4%, and the unemployment rate

by Jeff Wecker

Forex Analysis

August 4, 20230Comments

Forex Analysis – Forecast for EUR/USD on August 4, 2023

Yesterday, the euro tested the support level of the MACD indicator line, but it didn't dare to break below the support level of 1.0924.

by Jeff Wecker

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