June 5, 20230Comments

Forex Analysis – Forecast for EUR/USD on June 5, 2023

US President Biden signed a law lifting the debt ceiling (to $31.47 trillion) until January 1, 2025, after which it will be raised.

by Jeff Wecker

Forex Analysis

June 2, 20230Comments

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

On Thursday, markets opted for a correction across the board. Mixed sentiments from the FOMC regarding the June rate, avoiding a US default, and optimism surro

by Jeff Wecker

Forex Analysis

June 1, 20230Comments

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

The euro closed yesterday with a black candle. The lower shadow almost reached the target line of the descending price channel. Surprisingly, such a strong move

by Jeff Wecker

Forex Analysis

May 31, 20230Comments

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

On Tuesday, the euro went through a correction, defined by the convergence with the Marlin oscillator. The price once again tested the target level of 1.0738

by Jeff Wecker

Forex Analysis

May 30, 20230Comments

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

Yesterday, when the US and UK had a holiday, the euro cautiously tested the resistance of the nearest descending price channel line and ended the day lower.

by Jeff Wecker

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