December 11, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 11, 2023

Friday's U.S. labor data turned out better than expected. The unemployment rate fell from 3.9% to 3.7%. And in response to the report, the balance indicator

by Jeff Wecker

Forex Analysis

December 8, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 8, 2023

A day before the release of US employment data (yesterday), markets calmed down and brushed off crisis fears – the S&P 500 rose by 1.2%, regaining lost ground

by Jeff Wecker

Forex Analysis

December 7, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 7, 2023

The main event on Wednesday was the drop recorded in oil (WTI) by -3.91%, S&P 500 by -0.39%, copper by -1.26%, and US government bond yields (5-year from 4.14%

by Jeff Wecker

Forex Analysis

December 6, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 6, 2023

Contrary to our expectations, the euro did not consolidate before breaking the resistance at 1.0834, instead the price immediately overcame it as well as other

by Jeff Wecker

Forex Analysis

December 5, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 5, 2023

Yesterday, the euro once again attacked the strong support at 1.0834. This time, the Fibonacci ray was pierced. However, the price failed to consolidate its suc

by Jeff Wecker

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