Top.Mail.Ru
empty
20.05.2025 05:08 AM
EUR/USD Forecast for May 20, 2025

Following Moody's downgrade of the U.S. credit rating from AAA to Aa1 on Friday, yesterday saw downgrades of major U.S. banks as well—Bank of America, JPMorgan, and Wells Fargo—from Aa1 to Aa2. Treasury Secretary S. Bessent rightly called the agency a "lagging indicator," and markets barely reacted to the move: the S&P 500 rose 0.09%, 10-year U.S. Treasury yields held at 4.45% (same as May 13), and the U.S. Dollar Index dropped by 0.36%, a move that is difficult to describe as a reaction and aligns with the prevailing medium-term trend. We do not doubt that events are accumulating, ultimately leading to a major market collapse and economic crisis, though not in the short term.

This image is no longer relevant

On the daily chart, resistance at 1.1266 was pierced by the upper shadow. Tuesday began with a rise, but the Monday gap remains unclosed. If the price consolidates above 1.1266 and then continues higher to surpass 1.1535, a bearish divergence with the Marlin oscillator will form, which could lead to a sharp return to below 1.0955, not only closing the gap but also crushing the hopes of euro optimists.

This image is no longer relevant

On the H4 chart, the price is attempting to climb above the indicator lines, signaling an intention to break through 1.1266. The Marlin oscillator is also rising, but unless the price consolidates above 1.1266, a sharp drop toward 1.1150 remains possible, potentially clearing the way for more stable growth (which does not rule out a crash later).

The gap is small, and it is either nonexistent or already closed on other currencies. Therefore, the main criterion is whether the price consolidates above the 1.1266 resistance level.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

XAG/USD. Analysis and Forecast

At present, silver is consolidating after reaching its highest level since February 2012, following significant gains in the previous session. It is trading just above the round level of $37.00

Irina Yanina 19:13 2025-06-18 UTC+2

Forex forecast 18/06/2025: EUR/USD, USD/JPY, USDX, GOLD and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 18:24 2025-06-18 UTC+2

Trading Signals for EUR/USD for June 18-22, 2025: sell below 1.1540 (21 SMA - 7/8 Murray)

Early in the American session, the euro is trading under bearish pressure around 1.1502, below the 21-SMA and within the uptrend channel formed since early May. If the euro price

Dimitrios Zappas 14:16 2025-06-18 UTC+2

Trading Signals for GOLD (XAU/USD) for June 18-22, 2025: sell below $3,404 (21 SMA - 8/8 Murray)

The price of gold has been consolidating below 3,400 and below the 21SMA. After reaching the 8/8 Murray level at 3,437, gold underwent a technical correction

Dimitrios Zappas 13:00 2025-06-18 UTC+2

Forecast for EUR/USD on June 18, 2025

On Tuesday, the EUR/USD pair rebounded from the 100.0% Fibonacci retracement level at 1.1574, reversed in favor of the U.S. dollar, and fell toward the 76.4% Fibonacci level at 1.1454

Samir Klishi 11:57 2025-06-18 UTC+2

Forecast for GBP/USD on June 18, 2025

On the hourly chart, the GBP/USD pair continued its decline on Tuesday after bouncing off the 1.3611–1.3633 resistance zone and reached the support zone at 1.3425–1.3444. A rebound from this

Samir Klishi 11:45 2025-06-18 UTC+2

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday June 18, 2025.

With the appearance of Divergence between the price movement of AUD/JPY with the Stochastic Oscillator indicator on the 4-hour chart and the price position which is still above

Arief Makmur 07:44 2025-06-18 UTC+2

Technical Analysis of Intraday Price Movement Silver Commodity Instrument, Wednesday June 18, 2025.

The Silver Commodity Instrument on the 4-hour chart still appears to be moving within its Bullish bias, which is confirmed by the WMA (21) that has a slope which

Arief Makmur 07:44 2025-06-18 UTC+2

EUR/USD Forecast for June 18, 2025

On the final day before the Federal Reserve meeting, the euro could not withstand the broad market risk-off sentiment and dropped by 80 pips, halting at the MACD line

Laurie Bailey 05:49 2025-06-18 UTC+2

GBP/USD Forecast for June 18, 2025

The British pound failed to withstand the dollar's pressure yesterday amid global risk aversion and plummeted by 148 pips. The decline stopped at strong support at 1.3433 — the high

Laurie Bailey 04:58 2025-06-18 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.