April 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 8, 2024

Friday's U.S. employment data came out excellent, providing traders with a good reason for risk-taking, but then the enthusiasm quickly faded,

by Jeff Wecker

Forex Analysis

April 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 5, 2024

Yesterday evening, representatives of the Federal Reserve - Goolsbee, Barkin, Mester - reinforced Fed Chair Jerome Powell's message from Wednesday

by Jeff Wecker

Forex Analysis

April 4, 20240Comments

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

Yesterday, the US data came out mixed. The private sector added 184,000 jobs, while the S&P Global Services PMI decreased from 52.3 in February to 51.7 in March

by Jeff Wecker

Forex Analysis

April 3, 20240Comments

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

On Tuesday, the euro reached the target level of 1.0724 and bounced upwards from it, closing the day with a 25-point increase. The S&P 500 stock index

by Jeff Wecker

Forex Analysis

April 2, 20240Comments

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

Yesterday we saw slightly mixed but generally upbeat US reports. The S&P US Manufacturing PMI was 51.9 in March, slightly down from 52.2 in February,

by Jeff Wecker

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