March 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 18, 2024

On Friday, the euro closed the day almost unchanged, as the price settled below the level of 1.0905 and below the MACD line on the daily time frame.

by Jeff Wecker

Forex Analysis

March 15, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 15, 2024

On Thursday, the US S&P 500 decreased by 0.29% (Russell 2000 -1.96%), the yield on 5-year US government bonds rose from 4.19% to 4.29%, and the dollar

by Jeff Wecker

Forex Analysis

March 14, 20240Comments

Forex Analysis – Forecast For EUR/USD on March 14, 2024

The euro is gradually approaching the Fibonacci corrective target of 1.0971. However, the target is temporary since the price has to deal with a more important

by Jeff Wecker

Forex Analysis

March 13, 20240Comments

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

The US Consumer Price Index (CPI) for February came out mixed yesterday. The core CPI decreased from 3.9% YoY to 3.8% YoY, while the CPI increased from 3.1% YoY

by Jeff Wecker

Forex Analysis

March 12, 20240Comments

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

On Monday, the 50.0% Fibonacci level held back the EUR/USD pair from falling, which we see on the daily chart. There are two more significant

by Jeff Wecker

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