May 14, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 14, 2024

As expected, the main risk indicator – the stock market – declined yesterday (S&P 500 -0.02%), although it had mixed results (Russell 2000 0.29%).

by Jeff Wecker

Forex Analysis

May 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 13, 2024

The euro edged down on Friday, failing to reach the target level of 1.0796. Perhaps this is a reversal, and the price may reach the support at 1.0724,

by Jeff Wecker

Forex Analysis

May 10, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 10, 2024

Yesterday's rather soft Bank of England meeting, where two members of the Committee spoke in favor of a rate cut, could not overcome the general risk sentiment

by Jeff Wecker

Forex Analysis

May 9, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 9, 2024

Yesterday, the euro was in a calm state, as accurately warned by the Marlin oscillator, gradually falling on the daily chart.

by Jeff Wecker

Forex Analysis

May 8, 20240Comments

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

Yesterday, the currency market did not see any compelling reasons to increase risk appetite and, although stock markets were rising, it retreated from Monday's

by Jeff Wecker

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