Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review

EUR/USD: This pair went upwards this week, gaining 240 pips and moving briefly above the resistance level at 1.1150, before the shallow southward correction that is currently being witnessed. The bullish outlook on the market remain intact – the EMA 11 is above the EMA 56 and the RSI period 14 is above the level 50. Price is supposed to go more upwards.

Exchange Rates 19.05.2017 analysis

USD/CHF: There is a Bearish Confirmation Pattern on the USD/CHF 4-hour chart. Price has dropped 220 pips this week, and it has dropped 290 pips since last Friday. A further bearish movement is possible next week (because price may only consolidate for the rest of today), which would take price towards the support levels at 0.9750 and 0.9700.

Exchange Rates 19.05.2017 analysis

GBP/USD: This currency trading instrument is neutral in the medium term and bullish in the short term. The distribution territories at 1.3000 could be tested, and a movement above it could result in a bullish bias on the market. Since the EUR/USD is currently bullish, and it is positively correlated with GBP/USD.GBP/USD is expected to be pulled upwards very soon. The long-term bias is bullish.

Exchange Rates 19.05.2017 analysis

USD/JPY: There is a Bearish Confirmation Pattern on the USD/JPY 4-hour chart. Price has gone down seriously this week, and the demand levels at 111.00, 110.50, and 111.00 would be tested soon. The demand levels at 111.00 and 110.50 have been tested earlier prior to the current shallow rally.

Exchange Rates 19.05.2017 analysis

EUR/JPY: There is essentially a bearish signal on the EUR/JPY cross. The bearish movement that happened this week has resulted in short-term bearishness on the chart. A further bearish movement is possible, which could take price towards the demand zones at 123.00 and 122.50 today or next week.

Exchange Rates 19.05.2017 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by InstaForex Analyst,
Analytical expert
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Close
Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.