September 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 17, 2024

The Eurozone trade balance data for July released yesterday exceeded forecasts, coming in at €21.2 billion compared to the expected €14.9 billion.

by Jeff Wecker

Forex Analysis

September 16, 20240Comments

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

Last Friday, the upper shadow of the euro's daily candle pierced the target level of 1.1085. It was a success, as the euro started today with growth.

by Jeff Wecker

Forex Analysis

September 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 13, 2024

Yesterday, the key interest rate in the Eurozone was reduced by 0.25% to 3.50%. The marginal lending rate was cut by 0.60% to 3.90%, and the rate on main refina

by Jeff Wecker

Forex Analysis

September 12, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 12, 2024

The significant day has arrived — the European Central Bank has lowered its interest rate by 0.25% to 4.00%. Over the past three days, the U.S.

by Jeff Wecker

Forex Analysis

September 11, 20240Comments

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

On Tuesday, the euro faced pressure from the approaching European Central Bank rate cut and the drop in Germany's Consumer Price Index for August,

by Jeff Wecker

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