March 21, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 21, 2024

The euro eagerly awaited the FOMC meeting and it passed in moderately positive tones. Committee members maintained their forecast for three rate cuts

by Jeff Wecker

Forex Analysis

March 20, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 20, 2024

The euro approached the Federal Reserve's March meeting in a bearish position. However, there was also interest in risk yesterday: the S&P 500 rose by 0.56%,

by Jeff Wecker

Forex Analysis

March 19, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 19, 2024

Yesterday, the euro once again tested the upper shadow of resistance at the MACD line and the target level of 1.0905. We have confirmed that the price

by Jeff Wecker

Forex Analysis

March 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 18, 2024

On Friday, the euro closed the day almost unchanged, as the price settled below the level of 1.0905 and below the MACD line on the daily time frame.

by Jeff Wecker

Forex Analysis

March 15, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 15, 2024

On Thursday, the US S&P 500 decreased by 0.29% (Russell 2000 -1.96%), the yield on 5-year US government bonds rose from 4.19% to 4.29%, and the dollar

by Jeff Wecker

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