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

Forex Analysis

December 4, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 4, 2023

On Friday, the euro managed to reach the support at 1.0834 at its intersection with the green price channel line. A rebound occurred from this magnetic point

by Jeff Wecker

Forex Analysis

December 1, 20230Comments

Forex Analysis – Forecast for EUR/USD on December 1, 2023

The outcome of yesterday was equally unexpected and alarming. There are even initial signs of an impending crisis in the correlations.

by Jeff Wecker

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