March 14, 20240Comments

Forex Analysis – Forecast For EUR/USD on March 14, 2024

The euro is gradually approaching the Fibonacci corrective target of 1.0971. However, the target is temporary since the price has to deal with a more important

by Jeff Wecker

Forex Analysis

March 13, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 13, 2024

The US Consumer Price Index (CPI) for February came out mixed yesterday. The core CPI decreased from 3.9% YoY to 3.8% YoY, while the CPI increased from 3.1% YoY

by Jeff Wecker

Forex Analysis

March 12, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 12, 2024

On Monday, the 50.0% Fibonacci level held back the EUR/USD pair from falling, which we see on the daily chart. There are two more significant

by Jeff Wecker

Forex Analysis

March 11, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 11, 2024

On Friday, amid generally weak U.S. labor market data, the euro reached the target level of 1.0971 based on the 61.8% Fibonacci retracement

by Jeff Wecker

Forex Analysis

March 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on March 8, 2024

The European Central Bank meeting has taken place, revealing a somewhat contradictory tone. The event mentioned a downward revision of economic forecasts,

by Jeff Wecker

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