May 26, 20250Comments

EUR/USD Forecast for May 26, 2025

On Friday, the euro successfully broke above both the balance indicator line and the recent high from May 21. The price is now approaching the next target

by Jeff Wecker

Forex Analysis

May 23, 20250Comments

EUR/USD Forecast for May 23, 2025

The Eurozone PMI data for May, published yesterday, was disappointing. The Manufacturing PMI dropped from 49.0 to 48.4 (vs. expectations of 49.2),

by Jeff Wecker

Forex Analysis

May 22, 20250Comments

EUR/USD Forecast for May 22, 2025

On Wednesday, the euro successfully consolidated above the 1.1266 level and the balance indicator line. The next target levels are 1.1420 and 1.1535.

by Jeff Wecker

Forex Analysis

May 21, 20250Comments

EUR/USD Forecast for May 21, 2025

On Tuesday, the euro firmly consolidated above the daily-scale balance line indicator, closed the day above the resistance level of 1.1266,

by Jeff Wecker

Forex Analysis

May 20, 20250Comments

EUR/USD Forecast for May 20, 2025

Following Moody's downgrade of the U.S. credit rating from AAA to Aa1 on Friday, yesterday saw downgrades of major U.S. banks as well—Bank of America, JPMorgan,

by Jeff Wecker

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