October 16, 20240Comments

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

On Tuesday, following the record high set by the S&P 500 stock index on Monday, there was a pullback of 0.76%. Oil prices dropped by 3.75%, and 5-year U.S.

by Jeff Wecker

Forex Analysis

October 15, 20240Comments

Forex Analysis – EUR/USD Forecast for October 15, 2024

The euro stubbornly refuses to reverse direction. Even yesterday's 0.77% rise in the stock market, which set a new all-time high, did not halt the euro's declin

by Jeff Wecker

Forex Analysis

October 14, 20240Comments

Forex Analysis – EUR/USD Forecast for October 14, 2024

The new economic measures announced by the Chinese government on Saturday did not meet investors' expectations. Essentially, it was only a statement

by Jeff Wecker

Forex Analysis

October 11, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 11, 2024

Yesterday's moderately pessimistic news from the U.S. unsettled the euro, causing it to fluctuate within a daily range of 55 points and close the day with

by Jeff Wecker

Forex Analysis

October 10, 20240Comments

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

On Wednesday, the euro broke through the significant support level of 1.0950, which the price had tested on October 4th, August 15th, and July 17th.

by Jeff Wecker

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