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
Summary
Urgency
Analytic
Yuriy Zaycev
Start trade
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

Forecast for EUR/USD on August 28, 2025

On Wednesday, the EUR/USD pair fell to the 50.0% retracement level at 1.1590, then turned in favor of the euro and returned to the resistance zone of 1.1637–1.1645. A rebound

Samir Klishi 11:17 2025-08-28 UTC+2

Forecast for GBP/USD on August 28, 2025

On the hourly chart, the GBP/USD pair on Wednesday fell to the support zone of 1.3416–1.3425 after rebounding from the 1.3482 level, turned in favor of the pound, and rose

Samir Klishi 11:08 2025-08-28 UTC+2

GBP/USD. Indicator analysis on August 28, 2025

On Wednesday, the pair moved downward, tested the 61.8% retracement level at 1.3415 (red dotted line), and then turned upward, closing the daily candle at 1.3494. Today, the price

Stefan Doll 10:40 2025-08-28 UTC+2

Forex forecast 28/08/2025: EUR/USD, GBP/USD, USD/CHF, SP500 and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:32 2025-08-28 UTC+2

EUR/USD. Indicator analysis on August 28, 2025

On Wednesday, the pair moved downward, tested the support line at 1.1584 (blue bold line), and then turned upward, closing the daily candle at 1.1637. Today, the price may continue

Stefan Doll 10:31 2025-08-28 UTC+2

The Nasdaq 100 Index, which is still bullish, has the potential to reach its nearest resistance level. Thursday, August 28, 2025.

[Nasdaq 100 Index] – [Thursday, August 28, 2025] The Nasdaq 100 Index is in bullish condition today, as confirmed by the RSI at the Neutral Bullish level, and 50(EMA)

Arief Makmur 07:57 2025-08-28 UTC+2

As long as gold does not fall below 3364.32, the bullish bias remains solid. Thursday, August 28, 2025.

[Gold] – [Thursday, August 28, 2025] The Golden Cross of the EMA(50) above the EMA(200) and the RSI indicator in the Neutral-Bullish zone indicate that gold has the potential

Arief Makmur 07:57 2025-08-28 UTC+2

EUR/USD Forecast for August 28, 2025

EUR/USD Yesterday's much-anticipated quarterly report from Nvidia showed earnings of $1.05 per share versus a forecast of $1.01. The company's stock experienced significant volatility due to a decline in data

Laurie Bailey 05:26 2025-08-28 UTC+2

GBP/USD Forecast for August 28, 2025

GBP/USD Yesterday, the British pound managed to break above and confirm its position above the daily balance indicator line. Today began with optimistic growth, and the target of 1.3525

Laurie Bailey 05:26 2025-08-28 UTC+2

USD/CAD Forecast for August 28, 2025

USD/CAD The US dollar's retreat from an aggressive push against its competitors has brought the USD/CAD pair back below the 1.3810 level, placing it within a wide "free roaming" range

Laurie Bailey 05:26 2025-08-28 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.