September 4, 20240Comments

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

Yesterday, September 3rd, was quite eventful: The S&P 500 was down 2.12%, oil was down 4.78%, the dollar index was up 0.07%, and the yield on 5-year U.S.

by Jeff Wecker

Forex Analysis

September 3, 20240Comments

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

On Monday, in a calm market, the euro slightly corrected after the previous decline from the August 26 peak. The corrective reversal marked the first

by Jeff Wecker

Forex Analysis

September 2, 20240Comments

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

Following the release of U.S. data on personal consumption expenditures (PCE) and personal income/spending from Friday, the dollar index increased by 0.35%.

by Jeff Wecker

Forex Analysis

August 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 30, 2024

Yesterday, the euro attempted to break above the resistance at 1.1140 but fell below the support level of 1.1085 under pressure from external markets.

by Jeff Wecker

Forex Analysis

August 29, 20240Comments

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

On Wednesday, according to the US business media, there was a broad market correction due to partial profit-taking in a calm external environment—there

by Jeff Wecker

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