September 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on September 2, 2024

Following the release of U.S. data on personal consumption expenditures (PCE) and personal income/spending from Friday, the dollar index increased by 0.35%.

by Jeff Wecker

Forex Analysis

August 30, 20240Comments

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

Yesterday, the euro attempted to break above the resistance at 1.1140 but fell below the support level of 1.1085 under pressure from external markets.

by Jeff Wecker

Forex Analysis

August 29, 20240Comments

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

On Wednesday, according to the US business media, there was a broad market correction due to partial profit-taking in a calm external environment—there

by Jeff Wecker

Forex Analysis

August 28, 20240Comments

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

The euro continues to consolidate above the level of 1.1140, with the Marlin Oscillator struggling to reverse from the area of weak overbought conditions.

by Jeff Wecker

Forex Analysis

August 27, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 27, 2024

On Monday, markets eased the tension from the previous week—the dollar index rose by 0.22%, the S&P 500 index fell by 0.32%, and only oil increased by 2.35%,

by Jeff Wecker

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