January 22, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 22, 2024

The markets reaffirmed their commitment to risk-taking on Friday, with the S&P 500 setting a new all-time high, a level not seen since January 2022.

by Jeff Wecker

Forex Analysis

January 19, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 19, 2024

As expected, risk appetite returned; yesterday, the S&P 500 rose by 0.88%, Euro Stoxx 50 by 1.15%, the yield on 5-year US government bonds has been rising for

by Jeff Wecker

Forex Analysis

January 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 18, 2024

Euro turned upwards without reaching the support of the MACD line on the daily chart. However, the growth halted because of the stock market, which ignored

by Jeff Wecker

Forex Analysis

January 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 17, 2024

Under the continued verbal pressure from the Fed, convincing investors of the need for a slow pace of rate cuts, the probability of a rate cut in March

by Jeff Wecker

Forex Analysis

January 16, 20240Comments

Forex Analysis – Forecast for EUR/USD on January 16, 2024

Euro opened the day with a decrease, causing technical indicators to decline. However, data on inflation in the eurozone and production and trade in the US

by Jeff Wecker

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