Important upcoming events and publications for May 28 (GMT):
06:00 German consumer climate Index. Risks for EUR: Moderate. Analysts expected it will remain at 10.4 for the third month in a row. In March last year, the indicator has reached its peak values at 11 and has been somewhat decreasing since. The values above the forecast are favourable for the Euro.
13:00 U.S. House Price Index. Risks for USD: Moderate. It is scheduled two reports for March, from FHFA and S&P. The annual growth rate of prices is expected to accelerate. The values above the forecast are favourable for the Dollar.
14:00 U.S. Consumer confidence index. Risks for USD: High. It is expected to increase from 129.2 to 130.1. The index rose slightly after the drop in January. Values above the forecast are favourable for the Dollar.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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