Forex Chart Review and Forecast
Let’s review our Forex charts HERE, on, May 16th, 2018, in our Forex Signal and Forecast report, we thought that DXXY would push up to 93.82 yesterday, however, DXY didn’t manage to push up to 93.82 yesterday. We had previously warned about the current area (with a lot of green dotted lines, a lot of up and downs here). We do believe we will see 93.82 today and most likely a push against 94 before the end of the week. We did state that EURUSD would struggle around 1.1760/50 area yesterday and it did, today, however, we see a push towards 1.1760 again and beyond. We believe we can see 1.1712 before the end of the week and next we are looking at 1.1610 as a possible goal.
Forex News Review
In today’s Forex Forecast and Signals, we start by reviewing our Forex economic calendar HERE, listed below are the reports we believe can create some volatility today.
Review our charts and follow them accordingly.
Play it careful and enjoy.