August 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 8, 2024

Over the past day, the euro's fundamental ideas have not changed, and the price decided to consolidate above the level of 1.0905.

by Jeff Wecker

Forex Analysis

August 7, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 7, 2024

On Tuesday, market panic finally subsided; the S&P 500 gained 1.04%, the dollar index increased by 0.20% to 3.72%, and the yield on 5-year U.S. government

by Jeff Wecker

Forex Analysis

August 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 6, 2024

Yesterday's market panic had almost subsided by this morning. Monday did not turn out to be a "black" day. The S&P 500 plummeted by 4.71%,

by Jeff Wecker

Forex Analysis

August 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 5, 2024

Last Friday's U.S. employment data came in weaker than expected. The Non-Farm Payrolls shows the U.S. added 114,000 new jobs, less than the forecast of 176,000

by Jeff Wecker

Forex Analysis

August 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 2, 2024

Despite the media-driven haze surrounding the resilience of the U.S. economy, we are observing a persistent two-week trend of shift away from risk.

by Jeff Wecker

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