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

Forex Analysis

October 29, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 29, 2024

Yesterday went quite well for the euro, although support from other counter-dollar currencies and stock markets was somewhat weak.

by Jeff Wecker

Forex Analysis

October 28, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 28, 2024

On Friday, the euro fell by 30 pips without reaching support at 1.0777. The Marlin oscillator on the daily chart is now rising ahead of the price.

by Jeff Wecker

Forex Analysis

October 25, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 25, 2024

The euro has finally initiated a substantial (from a technical standpoint) correction. Yesterday's rise amounted to 44 pips. The correction's potential extends

by Jeff Wecker

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