June 16, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 16, 2023

The European Central Bank's stance in fighting inflation has been decisive, with ECB President Christine Lagarde stating that there will be another rate hike

by Jeff Wecker

Forex Analysis

June 15, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 15, 2023

Following the outcome of yesterday's FOMC meeting, the Federal Reserve left the current interest rate unchanged (5.25%), but the dot plot projections

by Jeff Wecker

Forex Analysis

June 14, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 14, 2023

Our previous assumption of CPI manipulation as a signal for a Fed rate hike did not materialize. Inflation turned out to be even better than expected:

by Jeff Wecker

Forex Analysis

June 13, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 13, 2023

The euro chose to wait within the range of 1.0738-1.0804 ahead of the Federal Reserve meeting, rather than the previously anticipated range of 1.0692-1.0738.

by Jeff Wecker

Forex Analysis

June 12, 20230Comments

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

The euro is approaching the support level at 1.0738. The Marlin oscillator has backed off from attacking the zero line and has turned around as it approaches it

by Jeff Wecker

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