December 9, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 9, 2024

Friday's U.S. employment data delivered mixed results, leading to dollar weakness. This weakness aligned with gains in the stock market...

by Jeff Wecker

Forex Analysis

December 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 6, 2024

On Thursday, the euro gained 77 pips, driven by U.S. data from Challenger showing a rise in job cuts from 55,597 in October to 57,727 in November.

by Jeff Wecker

Forex Analysis

December 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 5, 2024

The euro traded within a 72-pip range on Wednesday, closing exactly at Tuesday's closing level. It consolidated above 1.0483, which could suggest preparation

by Jeff Wecker

Forex Analysis

December 4, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 4, 2024

Yesterday's corrective growth was minimal, with the white candlestick amounting to 12 pips. The overall downward trend, driven by the reversal

by Jeff Wecker

Forex Analysis

December 3, 20240Comments

Forex Analysis – Forecast for EUR/USD on December 3, 2024

During yesterday's decline, the euro reached the target range of 1.0449–1.0483 but exited above it by the close of the day. Today, the price is starting with

by Jeff Wecker

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