{"id":170589,"date":"2020-05-15T09:45:25","date_gmt":"2020-05-15T13:45:25","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170589"},"modified":"2020-05-15T07:49:01","modified_gmt":"2020-05-15T11:49:01","slug":"forex-technical-analysis-forecast-15-05-2020","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/forex-technical-analysis-forecast-15-05-2020\/","title":{"rendered":"Forex Technical Analysis & Forecast 15.05.2020"},"content":{"rendered":"
May 15, 2020<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EURUSD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n

After breaking the consolidation range to the downside and reaching 1.0774, EURUSD is forming a new consolidation range around 1.0800. If later the price breaks this range to the upside at 1.0816, the market may choose an alternative scenario and start a new correction towards 1.0840; if to the downside \u2013 resume falling to break 1.0774 and then continue trading downwards with the target at 1.0733.<\/p>\n

\"EURUSD\"
\n\"Risk<\/p>\n

GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>\n

GBPUSD has finished the descending wave at 1.2165; right now, it is trying to correct towards 1.2249. After that, the instrument may resume trading inside the downtrend with the target at 1.2144.<\/p>\n

\"GBPUSD\"
\n\"Risk<\/p>\n

USDRUB, \u201cUS Dollar vs Russian Ruble\u201d<\/strong><\/p>

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USDRUB has almost completed the correctional \u201cFlag\u201d at 74.47. Possibly, today the pair may fall to break 73.40 and then continue trading inside the downtrend with the short-term target at 72.22.<\/p>\n

\"USDRUB\"
\n\"Risk<\/p>\n

USDJPY, \u201cUS Dollar vs Japanese Yen\u201d<\/strong><\/p>\n

USDJPY is expected to correct towards 107.50. After that, the instrument may fall to break 107.10 and then form a new descending structure with the target at 106.60.<\/p>\n

\"USDJPY\"
\n\"Risk<\/p>\n

USDCHF, \u201cUS Dollar vs Swiss Franc\u201d<\/strong><\/p>\n

USDCHF is consolidating around 0.9733. Today, the pair may grow to break 0.9744 and then continue trading upwards with the target at 0.9800.<\/p>\n

\"USDCHF\"
\n\"Risk<\/p>\n

AUDUSD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

AUDUSD is consolidating around 0.6444. According to the main scenario, the price may start another growth to reach 0.6488 and then resume trading downwards with the short-term target at 0.6363.<\/p>\n

\"AUDUSD\"
\n\"Risk<\/p>\n

BRENT<\/strong><\/p>\n

Brent is moving upwards; it has already broken 30.70 to the upside. Possibly, the pair may continue growing to break 32.60 and then start another growth with the target at 36.10.<\/p>\n

\"BRENT\"
\n\"Risk<\/p>\n

XAUUSD, \u201cGold vs US Dollar\u201d<\/strong><\/p>\n

Gold has finished the ascending wave at 1734.50; right now, it is consolidating below this level. If later the price breaks this range to the downside at 1727.00, the market may start a new correction towards 1713.50; if to the upside at 1735.00 \u2013 resume growing with the short-term target at 1745.00.<\/p>\n

\"GOLD\"
\n\"Risk<\/p>\n

BTCUSD, \u201cBitcoin vs US Dollar\u201d<\/strong><\/p>\n

BTCUSD has completed the ascending wave at 9900.00. Possibly, today the pair may start another correction to reach 9110.00 and then resume trading upwards with the target at 10300.00.<\/p>\n

\"BITCOIN\"
\n\"Risk<\/p>\n

S&P 500<\/strong><\/p>\n

The Index is consolidating around 2826.2. The main scenario implies that the price fall to break 2790.3 and then continue trading downwards with the short-term target at 2707.7.<\/p>\n

\"S&P<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EURUSD, \u201cEuro vs US Dollar\u201d After breaking the consolidation range to the downside and reaching 1.0774, EURUSD is forming a new consolidation range around 1.0800. If later the price breaks this range to the upside at 1.0816, the market may choose an alternative scenario and start a new correction towards 1.0840; if […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170589","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170589"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170589\/revisions"}],"predecessor-version":[{"id":170591,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170589\/revisions\/170591"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}