May 7, 20240Comments

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

Yesterday, the euro made another attempt to rise. The daily balance indicator line stopped the price from rising. The pair was up 7 pips.

by Jeff Wecker

Forex Analysis

May 6, 20240Comments

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

On Friday, the euro surged after the release of US employment data, as 175,000 jobs were created in the non-farm sector against expectations of 238,000,

by Jeff Wecker

Forex Analysis

May 3, 20240Comments

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

Yesterday, the euro made a strong effort to return to the 1.0636/56 range, but the market's brief return to risk took over.

by Jeff Wecker

Forex Analysis

May 2, 20240Comments

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

Yesterday's FOMC meeting turned out to be hawkish in terms of Federal Reserve Chair Jerome Powell's statements at the press conference.

by Jeff Wecker

Forex Analysis

April 30, 20240Comments

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

Yesterday, the euro edged up, with resistance at 1.0724 holding firm, and the price consolidated below this mark on the daily timeframe.

by Jeff Wecker

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