June 5, 20240Comments

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

After a strong rise on Monday, yesterday the euro lost 25 pips from the resistance at 1.0905, without testing its fate ahead of the European Central Bank

by Jeff Wecker

Forex Analysis

June 4, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 4, 2024

In the current short-term perspective, at least until the European Central Bank meeting on Thursday, the euro has opted for an alternative scenario with

by Jeff Wecker

Forex Analysis

June 3, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 3, 2024

On Friday, the euro tested the upper boundary of the price channel. If the price aims to test this line again, the resistance will be slightly

by Jeff Wecker

Forex Analysis

May 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 31, 2024

Yesterday, the euro almost reached the crucial support of the MACD line and the descending price channel line, but the U.S. report stopped the single currency.

by Jeff Wecker

Forex Analysis

May 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 30, 2024

The euro didn't wait for the European Central Bank meeting in the narrow range we anticipated but immediately headed towards its lower boundary at the level

by Jeff Wecker

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