July 12, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 12, 2023

The euro has reached the target resistance of 1.1028. The pair has crossed the peak of June 22, and along with it, the primary conditions for forming divergence

by Jeff Wecker

Forex Analysis

July 11, 20230Comments

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

On Monday, the euro overcame the upper band of the descending price channel colored in green. Now it's abolished, and the price continues to rise towards

by Jeff Wecker

Forex Analysis

July 10, 20230Comments

Forex Analysis – Forecast for EUR/USD on July 10, 2023

As a result of Friday, the euro grew by 76 points after reacting to moderately positive US employment data. The unemployment rate slipped to 3.6% from 3.7% in

by Jeff Wecker

Forex Analysis

July 7, 20230Comments

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

The eurozone retail sales report for May remained unchanged, the US ADP data for June showed employment growth of 497,000 in June against the expected 228,000,

by Jeff Wecker

Forex Analysis

July 6, 20230Comments

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

On Wednesday, the EUR/USD pair tested the resistance level of 1.0910 from below for the last time and fell, closing the day with a black candlestick of 25 point

by Jeff Wecker

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