April 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 18, 2024

Yesterday, the euro was up 0.49%, while the S&P 500 dropped 0.58%, gold fell 1.04%, and yields on US government bonds decreased. Even Israel's statement

by Jeff Wecker

Forex Analysis

April 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 17, 2024

Yesterday, the euro attempted to return to the range of 1.0636/56, but the bears were stronger, and eventually the price settled below the range.

by Jeff Wecker

Forex Analysis

April 16, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 16, 2024

Yesterday, the US retail sales data fueled the dollar's strength. Retail sales rose a seasonally adjusted 0.7% in March against a forecast of 0.4%,

by Jeff Wecker

Forex Analysis

April 15, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 15, 2024

On Friday, the euro fell by over 80 pips and stopped in the target range of 1.0635/56 (the May 2023 low). The price may take a break in this area,

by Jeff Wecker

Forex Analysis

April 12, 20240Comments

Forex Analysis – Forecast for EUR/USD on April 12, 2024

Our expectations of a "soft surprise" from the European Central Bank did not materialize. Not only did the ECB keep its interest rate unchanged, but the Bank

by Jeff Wecker

« Older Articles Newer Articles »