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EURUSD Technical Analysis Forecast Wednesday, May 16, 2018

ForexZig.com May 16, 2018

EURUSD Technical Analysis

During the preceding trading day forex currency pair EURUSD started the session at 1.19268 and ended at 1.18373.

Daily top level was 1.19382 and daily lowest value was 1.18199.

At the Asian trade the currency pair EURUSD started the session at 1.19268 and ended at 1.19347. Asian top rate was 1.19382, Asian low was 1.19259.

At the European trade the currency pair EURUSD started the session at 1.19202 and ended at 1.19263. European top rate was 1.19369, European low was 1.19102.

At the U.S. trade the pair EURUSD started trading at 1.18781 and closed at 1.18635. US highest value was 1.18901, US low was 1.18199.

EURUSD Wednesday, May 16, 2018 Daily analysis for EURUSD

Pivot points for Wednesday, May 16, 2018

S3 S2 S1 Pivot R1 R2 R3
1.16738 1.17468 1.17921 1.18651 1.19104 1.19834 1.20287

EURUSD Forecast

We foresee short-term adjustment at 0.00090 and a long-term adjustment at 0.00490 or our forecast is uptrend and to reach 1.18863.

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