May 10, 20240Comments

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

Yesterday's rather soft Bank of England meeting, where two members of the Committee spoke in favor of a rate cut, could not overcome the general risk sentiment

by Jeff Wecker

Forex Analysis

May 9, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 9, 2024

Yesterday, the euro was in a calm state, as accurately warned by the Marlin oscillator, gradually falling on the daily chart.

by Jeff Wecker

Forex Analysis

May 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 8, 2024

Yesterday, the currency market did not see any compelling reasons to increase risk appetite and, although stock markets were rising, it retreated from Monday's

by Jeff Wecker

Forex Analysis

May 7, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 7, 2024

Yesterday, the euro made another attempt to rise. The daily balance indicator line stopped the price from rising. The pair was up 7 pips.

by Jeff Wecker

Forex Analysis

May 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on May 6, 2024

On Friday, the euro surged after the release of US employment data, as 175,000 jobs were created in the non-farm sector against expectations of 238,000,

by Jeff Wecker

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