February 5, 20240Comments

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

Last Friday, the US employment data from the US Bureau of Labor Statistics surprised the currency market. US nonfarm payroll employment far exceeded

by Jeff Wecker

Forex Analysis

February 2, 20240Comments

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

Yesterday, the euro, which was losing momentum, received support from the stock market, which gained 1.25% (S&P 500) and lifted the euro by 54 pips. On the dail

by Jeff Wecker

Forex Analysis

February 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on February 1, 2024

The outcome of yesterday's Federal Reserve meeting was far from dovish. The FOMC wants more evidence inflation is heading toward its 2% target.

by Jeff Wecker

Forex Analysis

January 31, 20240Comments

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

The euro completed a small task that was set before yesterday – it worked out the resistance of the MACD indicator line on the daily timeframe,

by Jeff Wecker

Forex Analysis

January 30, 20240Comments

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

The U.S. stock market showed gains on Monday (the S&P 500 by 0.76%), pulling the currency market along with it (the dollar index -0.08%).

by Jeff Wecker

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