December 28, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 28, 2023

Euro surpassed the upper boundary of the price channel (green) that began in May 2021. The ascending channel (blue) now replaces it.

by Jeff Wecker

Forex Analysis

December 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 27, 2023

The pre-New Year rally continues; S&P 500 up 0.42%, the euro up by 28 points, oil up by 1.99%, and gold up by 0.52%. The euro has surpassed the target

by Jeff Wecker

Forex Analysis

December 26, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 26, 2023

So far, the euro has reached the first bullish target at 1.1033. Now, the target is 1.1076 (the peak of April 14) at the intersection with the upper band

by Jeff Wecker

Forex Analysis

December 22, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 22, 2023

The stock market closed higher. Yesterday, the S&P 500 added 1.2%, and the euro gained 69 pips. The 1.1076 target is even closer now, but first, it needs

by Jeff Wecker

Forex Analysis

December 21, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 21, 2023

The cause of yesterday's corrective move can be attributed to the stock market; the S&P 500 fell by 1.47%, and the dollar index rose by 0.26%. Of course, we won

by Jeff Wecker

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