empty
 
 
18.05.2020 05:02 AM
Forecast for EUR/USD on May 18, 2020

EUR/USD

The euro slightly grew last Friday, blocking Thursday's fall of 14 points. The quote is nearly unchanged today in the Asian session, and the euro will probably stand idle all day waiting for tomorrow's EU summit (ECOFIN), which will consider a trillion-dollar package of economic assistance in the form of loans and grants. The final size of the fund and its proportional distribution will obviously affect investor sentiment. At the moment, expectations are optimistic, which can be seen even from a technical point of view; The euro is below the indicator lines, but is growing, the signal line of the Marlin oscillator is moving along the border dividing the growth zone from the decline zone in potential (leading) market trends. Growth potential is the upper boundary of the horizontal band that has been running since April, at 1.0995.

This image is no longer relevant

The price went above the balance (red) and MACD (blue) indicator lines on the four-hour chart, the Marlin oscillator pinned in the positive trend zone. The immediate goal for growth is the peak of May 13 at the price of 1.0897. Trading in any direction in a local situation today carries a risk of uncertainty.

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback