June 10, 20240Comments

Forex Analysis – Forecast for EUR/USD on June 10, 2024

US unemployment rose from 3.9% to 4.0% in May as the labor force participation rate fell from 62.7% to 62.5%, non-farm payrolls added 272k new jobs vs.

by Jeff Wecker

Forex Analysis

June 7, 20240Comments

Forex Analysis – Forecast of EUR/USD on June 7, 2024

So, the ECB rate cut by the expected 0.25% has passed. The euro reacted calmly to the news, even slightly increasing its resistance of 1.0905.

by Jeff Wecker

Forex Analysis

June 6, 20240Comments

Forex Analysis – Forecast of EUR/USD on June 6, 2024

In anticipation of today's ECB meeting, the euro has covered the entire range of target levels, nearly 120 points (1.0788-1.0905), with final consolidation

by Jeff Wecker

Forex Analysis

June 5, 20240Comments

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

After a strong rise on Monday, yesterday the euro lost 25 pips from the resistance at 1.0905, without testing its fate ahead of the European Central Bank

by Jeff Wecker

Forex Analysis

June 4, 20240Comments

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

In the current short-term perspective, at least until the European Central Bank meeting on Thursday, the euro has opted for an alternative scenario with

by Jeff Wecker

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