November 5, 20240Comments

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

Markets have been preparing for today's U.S. elections as best they could, resulting in a bit of chaos. Closed positions on major instruments spark further

by Jeff Wecker

Forex Analysis

November 4, 20240Comments

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

This morning, global currencies are attempting to return to their levels from Friday before the release of U.S. employment data. Right after the data was publis

by Jeff Wecker

Forex Analysis

November 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on November 1, 2024

Donald Trump has surpassed Kamala Harris in all major polls, leading by 0.3%. The electoral balance also favors Trump at 270/251. We expect Trump to win.

by Jeff Wecker

Forex Analysis

October 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 31, 2024

The single European currency extended its gains yesterday, reaching the 23.6% Fibonacci retracement level, just shy of the target level at 1.0882.

by Jeff Wecker

Forex Analysis

October 30, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 30, 2024

On Tuesday, the euro successfully tested the target support level of 1.0777 and, with that milestone achieved, began an upward movement toward the target

by Jeff Wecker

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