June 22, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 22, 2023

In yesterday's testimony before the lower house of Congress, Federal Reserve Chairman Jerome Powell reiterated that the US central bank will still raise

by Jeff Wecker

Forex Analysis

June 21, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 21, 2023

On Tuesday, the euro tried to expand the expected range of 1.0910/30, piercing both boundaries with shadows. However, it closed the day within the range.

by Jeff Wecker

Forex Analysis

June 20, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 20, 2023

Yesterday, the euro fell by 18 pips, marking the lower limit of the target range at 1.0910/30 with its lower shadow. Consolidation below the range will allow

by Jeff Wecker

Forex Analysis

June 19, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 19, 2023

On Friday, the euro fell by 5 pips, reaching the upper shadow of the April 4th peak. This level is not very strong, but after testing the stronger target range

by Jeff Wecker

Forex Analysis

June 16, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 16, 2023

The European Central Bank's stance in fighting inflation has been decisive, with ECB President Christine Lagarde stating that there will be another rate hike

by Jeff Wecker

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