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Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 19 May 2025. Table of Contents (H2) EURUSD forecast On the H4 chart of EURUSD, the market continues to develop a consolidation range around the 1.1200 level. Today, 19 May 2025, if the price breaks upwards, […]
Despite weaker economic indicators from Japan, the USDJPY forecast appears optimistic for the US dollar, with the USDJPY rate likely to advance towards 146.50. Discover more in our analysis for 19 May 2025. USDJPY forecast: key trading points Japan’s Tertiary Industry Activity Index: previously at 0.5%, currently at -0.3% US Leading Economic Index: previously at […]
DAX: ⬆️ Buy – DAX reversed from the support level 23320.00 – Likely to rise to resistance level 24500.00 DAX index recently reversed from the key support level 23320.00 (former double top from March, as can be seen from the daily DAX chart below). The upward reversal from the support level 23320.00 started the active minor […]
Merck: ⬆️ Buy – Merck reversed from support area – Likely to rise to resistance level 80.00 Merck recently reversed up from the support area between the long-term support level 73.35 (which has been reversing the price from the middle of 2020) and the lower weekly Bollinger Band. The upward reversal from this support area created the […]
Gold (XAUUSD) prices are hovering around 3,215 USD. Demand for safe-haven assets is rising again following news related to the US credit rating. Find more details in our analysis for 19 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) is rebounding after the largest weekly decline since November 2024 Risk-off sentiment grows following a […]
The USDCAD rate continues its correction, staying within a narrow range for six consecutive sessions. The current price is 1.3967. Find out more in our analysis for 19 May 2025. USDCAD forecast: key trading points Moody’s Ratings downgraded the US credit rating due to a growing budget deficit A string of disappointing US economic data […]