December 27, 20240Comments

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

Throughout the pre-New Year week, the euro has been consolidating within a range of 1.0350–1.0461, which is favorable for building momentum for a downward move.

by Jeff Wecker

Forex Analysis

December 24, 20240Comments

Forex Analysis – EUR/USD Forecast for December 24, 2024

The euro declined yesterday, retreating from the resistance level of 1.0461 and ending the day with a 24-pip drop. The Marlin oscillator also moved lower

by Jeff Wecker

Forex Analysis

December 23, 20240Comments

Forex Analysis – EUR/USD Forecast for December 23, 2024

On Friday, the euro completed its correction from the December 17-18 price decline. Assuming that the correction is incomplete, a move above 1.0461 would

by Jeff Wecker

Forex Analysis

December 19, 20240Comments

Forex Analysis – EUR/USD Forecast for December 19, 2024

At yesterday's FOMC meeting, the Federal Reserve cut the rate by the anticipated 0.25%. However, the FOMC projected only two rate cuts for the upcoming year

by Jeff Wecker

Forex Analysis

December 18, 20240Comments

Forex Analysis – EUR/USD Forecast for December 18, 2024

As the FOMC meeting decision approaches today, the euro remains neutral. The pair is trading slightly above the 1.0461 support level,

by Jeff Wecker

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