May 3, 20230Comments

Forex Analysis – Forecast for EUR/USD on May 3, 2023

On Tuesday, the euro rose by 28 points, as the volume of industrial orders in the US increased by 0.9% in March, against an expected 1.1%, and the labor market'

by Jeff Wecker

Forex Analysis

May 2, 20230Comments

Forex Analysis – Forecast for EUR/USD on May 2, 2023

Yesterday, American traders fully utilized the thin market moment, pushing the euro down by 53 points – to the lows of April 24-26. Trading volumes were

by Jeff Wecker

Forex Analysis

May 1, 20230Comments

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

Friday's daily candlestick with a long lower shadow tells us that the bears on the euro have made their first and successful attempt to push the price away from

by Jeff Wecker

Forex Analysis

April 28, 20230Comments

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

Yesterday's US economic data showed that GDP grew by 1.1% for the 1st quarter y/y against a forecast of 2.0% y/y, a 5.2% decline in pending home sales for March

by Jeff Wecker

Forex Analysis

April 27, 20230Comments

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

On Wednesday, the euro managed to overcome the pressure on Tuesday, with the EUR/USD pair rising by 70 points, setting a new high for the year

by Jeff Wecker

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