April 4, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 4, 2024

Yesterday, the US data came out mixed. The private sector added 184,000 jobs, while the S&P Global Services PMI decreased from 52.3 in February to 51.7 in March

April 3, 20240Comments

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

On Tuesday, the euro reached the target level of 1.0724 and bounced upwards from it, closing the day with a 25-point increase. The S&P 500 stock index

April 2, 20240Comments

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

Yesterday we saw slightly mixed but generally upbeat US reports. The S&P US Manufacturing PMI was 51.9 in March, slightly down from 52.2 in February,

April 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 1, 2024

On Friday, the price closed below the balance indicator line on the daily chart. This morning, the price is trying to rise above the level of 1.0796.

March 29, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 29, 2024

Yesterday was a good day for the dollar: the final estimate of the US GDP for the fourth quarter was revised upwards from 3.2% y/y to 3.4% y/y,

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