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

EUR/USD. June 12. A Setback for the Dollar

Good day, dear traders! On Wednesday, the EUR/USD pair continued its upward movement after rebounding from the support zone of 1.1374–1.1380. It successfully consolidated above the 76.4% Fibonacci retracement level

Samir Klishi 10:15 2025-06-12 UTC+2

GBP/USD. June 12. British Economy Falters

Good day, dear traders! On the hourly chart, on Wednesday, the GBP/USD pair reversed in favor of the British pound and consolidated above the 161.8% Fibonacci retracement level at 1.3520

Samir Klishi 10:15 2025-06-12 UTC+2

Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator

Arief Makmur 08:10 2025-06-12 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday June 12, 2025.

On the 4-hour chart of the Nasdaq 100 index, there is a divergence between its price movement and the Stochastic Oscillator indicator, especially with the current confirmation of the price

Arief Makmur 08:10 2025-06-12 UTC+2

Trading Signals for EUR/USD for June 12-19, 2025: sell below 1.1500 (21 SMA - 8/8 Murray)

If the euro price falls below 1.1500 in the coming hours, this could be seen as an opportunity to sell. Technically, it appears overbought on the H4 chart and could

Dimitrios Zappas 05:33 2025-06-12 UTC+2

Trading Signals for GOLD (XAU/USD) for June 12-19, 2025: sell below $3,386 (21 SMA - 7/8 Murray)

The XAU/USD trend remains bullish as long as the price consolidates above 3,331. Therefore, it would be prudent to buy gold as long as the price consolidates above 3,359, where

Dimitrios Zappas 05:32 2025-06-12 UTC+2

EUR/USD Forecast for June 12, 2025

The U.S. inflation data released on Wednesday stirred the markets: the dollar index dropped by 0.47%, WTI oil surged by 5.54%, gold rose by 1.27%, and 5-year U.S. Treasury yields

Laurie Bailey 04:40 2025-06-12 UTC+2

GBP/USD Forecast for June 12, 2025

On Wednesday, the British pound successfully avoided a decline below technical support levels, reversing upward from them. The price rebounded from the MACD indicator line on the daily chart, while

Laurie Bailey 04:40 2025-06-12 UTC+2

USD/JPY Forecast for June 12, 2025

The price correction since May 27 was complex and prolonged, posing a risk of a breakout above 146.11. However, this risk is no longer a concern with the reversal from

Laurie Bailey 04:40 2025-06-12 UTC+2

Bitcoin: Dollar Strength Could Trigger a Downturn in the Crypto Market

Today, the market's main focus will be the release of the U.S. inflation report, which is expected to show not only a halt in the recent decline but the highest

Pati Gani 11:47 2025-06-11 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.