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15.05.2020: Forex Analysis & Reviews: Trump threatens China with tariffs. Euro and pound are under less pressure.

Signals for the EUR/USD pair:

If the pair breaks through at 1.0818, the euro is likely to increase to 1.0856 and 1.0895.


A breakthrough at 1.0772 can lead to a sell-off of the euro at 1.0728 and 1.0636.


Signals for the GBP/USD pair:


If the pair breaks through at the level of 1.2225, the British pound can rise to 1.2275 and 1.2323.


A breakthrough at 1.2170 can lead to a sell-off of the British pound at 1.2127 and 1.2030.


The following fundamental data is set for release during the day:


  • German GDP
  • Eurozone GDP
  • France Consumer Price Index
  • US retail sales

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
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