Forex Analysis August 7, 20250CommentsEUR/USD Forecast for August 7, 2025As a result of yesterday's 84-pip rise, the euro broke above the target level of 1.1632, testing the balance indicator line. by Jeff Wecker
Forex Analysis August 6, 20250CommentsEUR/USD Forecast for August 6, 2025Yesterday's U.S. business sentiment data for July came out mixed: Markit's Services PMI rose from 52.9 to 55.7, and the Composite Index increased by Jeff Wecker
Forex Analysis August 5, 20250CommentsEUR/USD Forecast for August 5, 2025The euro's trading range on Monday was 47 pips, and the day closed with a black (bearish) candlestick. The price failed to make a solid breakout by Jeff Wecker
Forex Analysis August 4, 20250CommentsEUR/USD Forecast for August 4, 2025The euro's 170-pip rally on Friday represented a 50% correction from the extremes observed between July 24 and August 1. by Jeff Wecker
Forex Analysis August 1, 20250CommentsEUR/USD Forecast for August 1, 2025Yesterday, markets saw a broad retreat from risk assets: the S&P 500 declined by 0.37%, the U.S. Dollar Index rose by 0.16%, and oil fell by 0.90%. by Jeff Wecker