Forex forecast 2024-05-19

Category

TreLes Weekly Report

Published On

19th May, 2024 08:00 PM

Image credits: rupixen.com /liTBV5RQdbQ / Unsplash

Disclaimer:

TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy or sell the products discussed here.

Study the market analysis and be aware of the risk : reward.

For a more accurate and real time analysis, join our Trade Recommendations package.

Attend our FREE training program to learn to use Weekly Updates to find trade opportunities.

EURGBP


  1. The immediate resistance is near 0.85917
  2. The immediate supports are near 0.85329 and 0.85050
  3. Current price seems good for potential sellers
  4. Entry on pullback is also possible by keeping the stoploss above 0.85917
  5. Targets could be 0.85329 and 0.85050


EURNZD


  1. The immediate resistance is near 1.78098
  2. The immediate supports are near 1.75530 and 1.76642
  3. Current price seems good for potential sellers
  4. Entry on pullback is also possible by keeping the stoploss above 1.78098
  5. Targets could be 1.75530 and 1.76642


GBPAUD


  1. The immediate resistance is near 1.90533
  2. The immediate supports are near 1.89091 and 1.87746
  3. Current price seems good for potential sellers
  4. Entry on pullback is also possible by keeping the stoploss above 1.90533
  5. Targets could be 1.89091 and 1.87746


USDCAD


  1. The immediate resistance is near 1.36643
  2. The immediate supports are near 1.35803 and 1.3514
  3. Current price seems good for potential sellers
  4. Entry on pullback is also possible by keeping the stoploss above 1.36643
  5. Targets could be 1.35803 and 1.3514


Gold


  1. The immediate resistance is near 2427.30
  2. The immediate support is near 2363.76
  3. Current price seems good for potential buyers
  4. Entry on pullback is also possible by keeping the stoploss below 2363.76
  5. Target could be 2427.30


US Oil


  1. The immediate resistances are near 83.2648 and 80.7424
  2. The immediate support is near 77.3903
  3. Current price seems good for potential buyers
  4. Entry on pullback is also possible by keeping the stoploss below 77.3903
  5. Targets could be 83.2648 and 80.7424


Interested in more accurate forex signals and real time analysis? Visit our page on Trade Recommendations and sign up for FREE access.