Re: Forecast
261EUR/USD is very undecided indeed, as it often is on Monday. I doubt we'll see any major movements before tomorrow.
Re: Forecast
262Forecast for the European session on May 21
EUR
Everything is very boring and most likely it will be so further. Today 1.1153 will be spread, but in the best case they will catch up to 1.1138, where I will see purchases on a false breakdown or purchases for a rebound from 1.1112. If growth, then sales from 1.1180, but the level of 1.1205 will be more interesting.
GBP
Here everything draws on a hard bottom further. Breakthrough 1.2714 - sales to 1.2672 and 1.2614, where I look at purchases. If the false breakdown is at 1.2714 and pulled at 1.2757, then buyers will return there. We can expect growth to 1.28092 and 1.2858. From 1.2858 the first sales are on the rebound with the goal of 20-30 points.
CAD
Sales on a false breakdown from 1.3445 or rebound from 1.3480 with the target of 1.3385, where I buy for rebound.
GOLD
Most likely they will drive further down. False breakdown at 1277.74 or breakdown 1273.40 - sales to 1268 and 1259, where purchases are on rebound. If we fix at 1277.70, then sales will rebound from 1284.50.
EUR
Everything is very boring and most likely it will be so further. Today 1.1153 will be spread, but in the best case they will catch up to 1.1138, where I will see purchases on a false breakdown or purchases for a rebound from 1.1112. If growth, then sales from 1.1180, but the level of 1.1205 will be more interesting.
GBP
Here everything draws on a hard bottom further. Breakthrough 1.2714 - sales to 1.2672 and 1.2614, where I look at purchases. If the false breakdown is at 1.2714 and pulled at 1.2757, then buyers will return there. We can expect growth to 1.28092 and 1.2858. From 1.2858 the first sales are on the rebound with the goal of 20-30 points.
CAD
Sales on a false breakdown from 1.3445 or rebound from 1.3480 with the target of 1.3385, where I buy for rebound.
GOLD
Most likely they will drive further down. False breakdown at 1277.74 or breakdown 1273.40 - sales to 1268 and 1259, where purchases are on rebound. If we fix at 1277.70, then sales will rebound from 1284.50.
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Re: Forecast
263EUR/USD is bullish for now and I can very much see it rising towards $1.1205 indeed.
Re: Forecast
264Forecast for the European session on May 22
EUR
All of us have their places. Yesterday, they pulled at May's performance and again everything died down. Tomorrow the elections to the European Parliament begin, so I think everything will be the same. Sales from 1.1187 and 1.1205. Shopping on a false breakdown from 1.1143 or rebound from 1.1112.
GBP
The bulls made a profit and the bears returned to the market. Nothing new to Mei said and there is no positive. Breakthrough 1.2687 = sales to 1.2614 and 1.2564.
If up again, then sales on a false breakdown from 1.2747, or like yesterday, to rebound from 1.2808.
CAD
False breakdown at 1.3417 - sales with the target at 1.3385 and 1.3362. If growth is above 1.3417, then sales will rebound from 1.3445.
EUR
All of us have their places. Yesterday, they pulled at May's performance and again everything died down. Tomorrow the elections to the European Parliament begin, so I think everything will be the same. Sales from 1.1187 and 1.1205. Shopping on a false breakdown from 1.1143 or rebound from 1.1112.
GBP
The bulls made a profit and the bears returned to the market. Nothing new to Mei said and there is no positive. Breakthrough 1.2687 = sales to 1.2614 and 1.2564.
If up again, then sales on a false breakdown from 1.2747, or like yesterday, to rebound from 1.2808.
CAD
False breakdown at 1.3417 - sales with the target at 1.3385 and 1.3362. If growth is above 1.3417, then sales will rebound from 1.3445.
Re: Forecast
265EUR/USD looks very undecided to me to day, I think I will avoid trading it for now.
Re: Forecast
266Forecast for the European session on May 23
EUR
There is nothing to predict. Today the elections to the European Parliament begin and everything will remain exactly the same. A break below 1.1143 could pull the euro to 1.1112 and 1.1079. If we choose above 1.1166, then sales are only for a rebound from 1.1187. False breakdown at 1.1143 could pull the euro to 1.1166.
GBP
It is preparing a correction, so I will look at purchases from 1.2612 and 1.2564. If we fix at 1.2670, I’ll add to long with targets at 1.2730 and 1.2789, where I’m selling for a rebound. If again false breakdown at 1.2670, then I sell and wait for the test 1.2500.
CAD
Unsuccessful consolidation above 1.3449 - sale with the target of 1.3417 and 1.3385, where I buy for a rebound. If we go above 1.3449, then the sale is only rebound from 1.3480. Purchases only after correction from 1.3417 or rebound from 1.3385.
EUR
There is nothing to predict. Today the elections to the European Parliament begin and everything will remain exactly the same. A break below 1.1143 could pull the euro to 1.1112 and 1.1079. If we choose above 1.1166, then sales are only for a rebound from 1.1187. False breakdown at 1.1143 could pull the euro to 1.1166.
GBP
It is preparing a correction, so I will look at purchases from 1.2612 and 1.2564. If we fix at 1.2670, I’ll add to long with targets at 1.2730 and 1.2789, where I’m selling for a rebound. If again false breakdown at 1.2670, then I sell and wait for the test 1.2500.
CAD
Unsuccessful consolidation above 1.3449 - sale with the target of 1.3417 and 1.3385, where I buy for a rebound. If we go above 1.3449, then the sale is only rebound from 1.3480. Purchases only after correction from 1.3417 or rebound from 1.3385.
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Re: Forecast
267Thank you Sir! :!:amdudus wrote: Thu May 23, 2019 4:14 pm Forecast for the European session on May 23
EUR
There is nothing to predict. Today the elections to the European Parliament begin and everything will remain exactly the same. A break below 1.1143 could pull the euro to 1.1112 and 1.1079. If we choose above 1.1166, then sales are only for a rebound from 1.1187. False breakdown at 1.1143 could pull the euro to 1.1166.
GBP
It is preparing a correction, so I will look at purchases from 1.2612 and 1.2564. If we fix at 1.2670, I’ll add to long with targets at 1.2730 and 1.2789, where I’m selling for a rebound. If again false breakdown at 1.2670, then I sell and wait for the test 1.2500.
CAD
Unsuccessful consolidation above 1.3449 - sale with the target of 1.3417 and 1.3385, where I buy for a rebound. If we go above 1.3449, then the sale is only rebound from 1.3480. Purchases only after correction from 1.3417 or rebound from 1.3385.
Important: The worst forex brokers of all time 
Re: Forecast
268Important Analytics Next Week
(27.05 - 02.06.2019)
Monday:
The first session on Forex at the beginning of the week will be marked by low liquidity - US and UK traders will spend this day out of the market, due to public holidays. They coincide with the empty economic calendar - the main activity will fall on the first half of the day.
From early in the morning, the yen can be strongly entrenched in the speech of the head of the Bank of Japan Kuroda, and the rate of the euro - in France employment data.
Traders who trade the franc must be prepared for a jump in volatility after the morning publication of unemployment.
Tuesday:
The topic of Switzerland will continue on Tuesday with the publication of GDP, the CHF rate may rise along with the euro on the data of the German consumer climate index. The dynamics of the pound will determine the hearing on inflation of the Bank of England.
The growth of major currencies will weaken the dollar index, which can be rehabilitated in the evening after the release of the US consumer confidence index.
Wednesday:
The attention of traders in the Asian session will be focused on the "Pacific currencies" NZD and AUD. In the morning, the Reserve Bank of New Zealand will report on financial stability, after which the head of the RBNZ will make a speech. Australia will release new home sales data.
The dynamics of the euro will depend on unemployment in Germany, but in front of her bidders waiting for a data block for France: consumer spending, prices and GDP.
Traders who trade in the Swiss franc should expect a strengthening of the CHF rate on the composite indicator of aggregate economic indicators.
In the afternoon, traders will pay attention to the Canadian dollar - the Bank of Canada will announce the interest rate and issue an accompanying statement on the state of the economy.
Thursday:
Low franc activity is expected in the second half of the week - Switzerland celebrates Ascension Day. The Asian session is full of news on New Zealand and Australia: the number of building permits issued, business confidence, budget execution, level of investment.
The European session will be marked by inflation in Spain, and the bulk of transactions will focus on the American session. Forex traders are waiting for: GDP, trade balance, initial jobless claims and the number of pending US real estate transactions.
Other news includes the balance of investments in Canada and crude oil reserves.
Friday:
On the last day of the week, trends in Asian and European currencies will be determined by important statistical data from Japan and China. The yen may fall on the publication of inflation and production, the strength of the Chinese economy will show the level of PMI. The coincidence of the indices with the analysts' forecast will ensure the growth of all major currencies in the first half of the day.
This trend can stop only inflation and the volume of retail sales in Germany. They will be considered in conjunction with the consumer price indexes of Italy and France.
In the afternoon, traders are waiting for strong movements in the Canadian dollar after the release of Canadian GDP and a jump in volatility in USD to publish the personal consumption of US citizens.
(27.05 - 02.06.2019)
Monday:
The first session on Forex at the beginning of the week will be marked by low liquidity - US and UK traders will spend this day out of the market, due to public holidays. They coincide with the empty economic calendar - the main activity will fall on the first half of the day.
From early in the morning, the yen can be strongly entrenched in the speech of the head of the Bank of Japan Kuroda, and the rate of the euro - in France employment data.
Traders who trade the franc must be prepared for a jump in volatility after the morning publication of unemployment.
Tuesday:
The topic of Switzerland will continue on Tuesday with the publication of GDP, the CHF rate may rise along with the euro on the data of the German consumer climate index. The dynamics of the pound will determine the hearing on inflation of the Bank of England.
The growth of major currencies will weaken the dollar index, which can be rehabilitated in the evening after the release of the US consumer confidence index.
Wednesday:
The attention of traders in the Asian session will be focused on the "Pacific currencies" NZD and AUD. In the morning, the Reserve Bank of New Zealand will report on financial stability, after which the head of the RBNZ will make a speech. Australia will release new home sales data.
The dynamics of the euro will depend on unemployment in Germany, but in front of her bidders waiting for a data block for France: consumer spending, prices and GDP.
Traders who trade in the Swiss franc should expect a strengthening of the CHF rate on the composite indicator of aggregate economic indicators.
In the afternoon, traders will pay attention to the Canadian dollar - the Bank of Canada will announce the interest rate and issue an accompanying statement on the state of the economy.
Thursday:
Low franc activity is expected in the second half of the week - Switzerland celebrates Ascension Day. The Asian session is full of news on New Zealand and Australia: the number of building permits issued, business confidence, budget execution, level of investment.
The European session will be marked by inflation in Spain, and the bulk of transactions will focus on the American session. Forex traders are waiting for: GDP, trade balance, initial jobless claims and the number of pending US real estate transactions.
Other news includes the balance of investments in Canada and crude oil reserves.
Friday:
On the last day of the week, trends in Asian and European currencies will be determined by important statistical data from Japan and China. The yen may fall on the publication of inflation and production, the strength of the Chinese economy will show the level of PMI. The coincidence of the indices with the analysts' forecast will ensure the growth of all major currencies in the first half of the day.
This trend can stop only inflation and the volume of retail sales in Germany. They will be considered in conjunction with the consumer price indexes of Italy and France.
In the afternoon, traders are waiting for strong movements in the Canadian dollar after the release of Canadian GDP and a jump in volatility in USD to publish the personal consumption of US citizens.
Attachments
Re: Forecast
270Forecast for the European session on May 28
EUR
Buyers need to get out at 1.1196 and there they can continue to grow the euro at 1.1218 and 1.1243, where I sell for a rebound. If the unsuccessful consolidation is at 1.1196, then I sell with the goal of 1.1170, and there I can add to the short with the goal of 1.1143, where I buy for a rebound.
GBP
The pound should be returned to 1.2696, which will make the lower limit of the ascending channel with the goal of 1.2744 and 1.2800, where I sell for a rebound. If we go straight down, there is a false break for purchases at 1.2648, well, or something to look around 1.2607, but the level test will indicate the continuation of the fall of the pound.
Sales are on a false breakdown from 1.2696, and I add 1.2648 for breakdown with the target of 1.2564.
CAD
False breakdown and return to 1.3429 - purchases with the target of 1.3465 and 1.3500, where I sell for a rebound. If we go below 1.3429, you can see sales in the area of 1.3385, where I buy for a rebound, or sell on a false breakdown from 1.3465.
EUR
Buyers need to get out at 1.1196 and there they can continue to grow the euro at 1.1218 and 1.1243, where I sell for a rebound. If the unsuccessful consolidation is at 1.1196, then I sell with the goal of 1.1170, and there I can add to the short with the goal of 1.1143, where I buy for a rebound.
GBP
The pound should be returned to 1.2696, which will make the lower limit of the ascending channel with the goal of 1.2744 and 1.2800, where I sell for a rebound. If we go straight down, there is a false break for purchases at 1.2648, well, or something to look around 1.2607, but the level test will indicate the continuation of the fall of the pound.
Sales are on a false breakdown from 1.2696, and I add 1.2648 for breakdown with the target of 1.2564.
CAD
False breakdown and return to 1.3429 - purchases with the target of 1.3465 and 1.3500, where I sell for a rebound. If we go below 1.3429, you can see sales in the area of 1.3385, where I buy for a rebound, or sell on a false breakdown from 1.3465.
