Forex Analysis April 17, 20240CommentsForex Analysis – Forecast for EUR/USD on April 17, 2024Yesterday, the euro attempted to return to the range of 1.0636/56, but the bears were stronger, and eventually the price settled below the range. by Jeff Wecker
Forex Analysis April 16, 20240CommentsForex Analysis – Forecast for EUR/USD on April 16, 2024Yesterday, the US retail sales data fueled the dollar's strength. Retail sales rose a seasonally adjusted 0.7% in March against a forecast of 0.4%, by Jeff Wecker
Forex Analysis April 15, 20240CommentsForex Analysis – Forecast for EUR/USD on April 15, 2024On Friday, the euro fell by over 80 pips and stopped in the target range of 1.0635/56 (the May 2023 low). The price may take a break in this area, by Jeff Wecker
Forex Analysis April 12, 20240CommentsForex Analysis – Forecast for EUR/USD on April 12, 2024Our expectations of a "soft surprise" from the European Central Bank did not materialize. Not only did the ECB keep its interest rate unchanged, but the Bank by Jeff Wecker
Forex Analysis April 11, 20240CommentsForex Analysis – Forecast for EUR/USD on April 11, 2024The market's nervousness ahead of the European Central Bank meeting, which is expected to show a dovish stance, finally manifested - the euro slumped by Jeff Wecker