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• Mohamed Samy

  May 16, 2022 : EUR/USD daily

2022-05-16 17:45:52

For beginners, the current price levels are too low to have SELL trades around. Hence, intraday BUY trades are considered a better option. Any ascending movement above 1.0600 will probably enable more advancement towards 1.0700 and

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• Mohamed Samy

  May 16, 2022 : EUR/USD

2022-05-16 17:45:48

Failure to persist below the newly-recorded LOW at 1.0350 will probably enable another bullish pullback at least towards 1.0800 and probably 1.1150. Until then, Intraday traders shouldn't have any BUY trades unless bullish persistence

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• Mohamed Samy

  May 16, 2022 : GBP/USD

2022-05-16 17:38:38

The current bearish decline is expected to extend towards 1.2100 where bullish recovery can be expected. Bullish breakout above 1.2400 is needed to abolish the short-term bearish scenario and may enable quick bullish advancement towards

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• Alexander Dneprovskiy

  GBP/USD analysis on May 16.

2022-05-16 15:48:41

The exchange rate of the pound/dollar instrument increased by 15 basis points on May 16. There was no news background on this day. However, the market is already waiting for Wednesday

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• Alexander Dneprovskiy

  EUR/USD analysis on May 16.

2022-05-16 15:12:09

The euro/dollar instrument did not rise or fall by a single point on Monday. The amplitude of the movement was very weak today, which partly explains the missing news background

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• Igor Kovalyov

  EURUSD prepares for the worst

2022-05-16 15:02:21

The European Commission lowered its eurozone GDP growth forecast for 2022 to 2.7%, but warned that in the worst-case scenario, disconnecting the region from Russian gas would slow the economy down to 0.2%.