For Traders

Analytical Reviews

Hot forecast

21.05.201909:55 Forex Analysis & Reviews: Burning forecast EURUSD 21.05.2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

There is a lull in the news field. No big events. A new wave around Brexit is sluggishly developing. Until June, the issue of the US-China trade war remains uncertain.

EURUSD

The rate of the euro is very slow, but it is declining under pressure from sellers.

The euro came close to the lower limit of the long-term range of 1.1110-1.1130

A breakdown in this zone can trigger a downward trend in the euro.

In the case of a full turn upwards, the key levels will be 1.1225 and further 1.1270

We are ready to sell from 1.1130

We are ready to buy from 1.1225

Back to the list

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.