108
by amdudus
Forecast for the European session on May 2
EUR.
Dollar purchases continue. Today, the decision on the rates from the Fed, but all attention to the statement on the account, when the rates will be raised. If we leave below 1.1987, then I sell with the goal of 1.1940 and 1.1900. But there is a variant of forming a divergence on the MACD indicator and a rebound from the level of 1.1975 with a return to 1.1987. In this case, I look at purchases to 1.2023 and 1.2062, where I sell for a rebound. Sales from 1.12023 only on a false breakdown.
GBP
While we are below 1.3613 continue to fall. Repeated test 1.3576 will lead to a sale in the area of 1.3542 and 1.3498 and 1.3459, especially on the weak data on the construction sector, which may come out today. If we return to 1.3613, then I look at the purchases to 1.3653 and 1.3697, where I sell for a rebound.
GOLD
If we leave below 1307.30, then I sell on the basis of 1301.50 and 1296, where I buy for a rebound. In case of growth, I look for sales after an unsuccessful attempt to gain a foothold on 1315, or on a rebound from 1320.20.