March 21, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 21, 2022

Last Friday, the euro area trade surplus for March came out - a collapse from -4.8 billion euros to -27.2 billion was shown. This is the worst result in the

by Jeff Wecker

Forex Analysis

March 18, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 18, 2022

Yesterday, the euro rose by 58 points, having overcome the nearest target level of 1.1060, now this level becomes a support in the implementation of the plan

by Jeff Wecker

Forex Analysis

March 17, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 17, 2022

This is the first Federal Reserve rate hike in 14 years (0.25%). FOMC members have decided that they will raise the rate six more times before the end of the

by Jeff Wecker

Forex Analysis

March 16, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 16, 2022

Weak economic data came out yesterday for the euro zone. Industrial production in the January estimate fell by 1.3% (forecast -0.5%), ZEW economic sentiment

by Jeff Wecker

Forex Analysis

March 15, 20220Comments

Forex Analysis – Forecast for EUR/USD on March 15, 2022

Yesterday's result showed that investors are still not ready to prematurely buy dollars before the Federal Reserve meeting. The current situation on the daily

by Jeff Wecker

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