June 28, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 28, 2023

On Tuesday, European Central Bank President Christine Lagarde, at a conference in Portugal, stated with full confidence that the peak rates have been reached

by Jeff Wecker

Forex Analysis

June 27, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 27, 2023

Yesterday was a calm day for all major currency pairs. The euro spent the day below the lower band of the 1.0910/30 range. There was simply no reason for it to

by Jeff Wecker

Forex Analysis

June 26, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 26, 2023

On Friday, the euro plunged by over a hundred pips, but it did not reach the target - the nearest embedded line of the price channel. Now there's a good chance

by Jeff Wecker

Forex Analysis

June 23, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 23, 2023

Yesterday, the euro precisely tested the upper band of the descending price channel at 1.1012 and plunged, closing the day down by 30 pips.

by Jeff Wecker

Forex Analysis

June 22, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 22, 2023

In yesterday's testimony before the lower house of Congress, Federal Reserve Chairman Jerome Powell reiterated that the US central bank will still raise

by Jeff Wecker

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