May 29, 20240Comments

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

Yesterday, the euro pierced the upper shadow of the daily candle, breaching the upper boundary of the price channel dating back to December 2023.

by Jeff Wecker

Forex Analysis

May 28, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 28, 2024

The euro closed Monday up by 12 pips. This morning, the single currency continued to rise, which shows that it intends to reach the upper boundary of the price

by Jeff Wecker

Forex Analysis

May 27, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 27, 2024

On Friday, the euro corrected upwards against the entire movement that started since May 16th. The correction turned out to be deep, almost 62%,

by Jeff Wecker

Forex Analysis

May 24, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 24, 2024

Yesterday, the main event was the 0.74% drop in the U.S. stock market. Gold also fell by 2.49%, and oil (WTI) by 0.94%. The dollar index strengthened by 0.10%,

by Jeff Wecker

Forex Analysis

May 23, 20240Comments

Forex Analysis – Forecast for EUR/USD pair on May 23, 2024

Yesterday, the markets showed reduced risk appetite – the S&P 500 stock index fell by 0.27%, and the dollar index rose by 0.29%.

by Jeff Wecker

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