January 31, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 31, 2023

On Monday, the euro tried to trade wide, i.e. it tried to go up using the CPI growth in Spain in January to 5.8% y/y against 5.7% y/y earlier, but the German...

by Jeff Wecker

Forex Analysis

January 30, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 30, 2023

Last Friday, the euro was down 22 points. The trading volume was below the average, which suggests that big players have a wait-and-see attitude ahead of the

by Jeff Wecker

Forex Analysis

January 27, 20230Comments

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

Yesterday, the euro failed to move towards the 1.0990 target and rolled back to Wednesday's initial positions. If today's U.S. consumer income/expenditure

by Jeff Wecker

Forex Analysis

January 26, 20230Comments

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

The euro rose 29 pips yesterday. It takes 70 pips more to reach the target level of 1.0990. Apparently, the price will have time to cover that distance before

by Jeff Wecker

Forex Analysis

January 25, 20230Comments

Forex Analysis – Forecast for EUR/USD on January 25, 2023

The euro closed Tuesday with slight gains, some other counter-dollar currencies closed the day with losses. Investors are gently probing for further growth...

by Jeff Wecker

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