# EUR/USD Weekly Price Forecast – Euro Continues to See a Lot of Choppiness and Sideways Action | FXEmpire

> The euro whipsawed during the week, dipping below 1.08 before rallying sharply on Friday after weaker-than-expected US jobs numbers. Technical analysis highlights resistance just above 1.09 and possible targets near 1.10.

- Date: 2024-08-02 · published 2024-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9287-eur-usd-weekly-price-forecast-euro-continues-to-see-a-lot-of-choppiness-and
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

This is routine currency technical commentary with no new supply or demand driver for feed commodities, so its effect on grain or meal prices is minimal.

## Read by commodity

- EURUSD: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2024-08-02 | 1 | +1.2% | 3.7 | Weekly recap notes the sharp Friday rally after weak jobs data following a dip below 1.08, which supports the cause but adds little new information. |

## Sources

- fxempire.com: https://www.fxempire.com/forecasts/article/eur-usd-weekly-price-forecast-euro-continues-to-see-a-lot-of-choppiness-and-sideways-action-1450789

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.