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15.05.202617:17 विदेशी मुद्रा विश्लेषण और समीक्षा: Trading Signals for EUR/USD on May 15-18, 2026: buy above 1.1596 (rebound - 3/8 Murray)

Relevance up to 11:00 2026-05-29 UTC--4

Exchange Rates 15.05.2026 analysis

The euro is trading at 1.1628, rebounding after hitting the lower band of the downtrend channel at 1.1618. Since then, there has been a strong technical rebound, but it lacked the momentum to sustain the upward move, so we are seeing a new downtrend.

If the euro consolidates above the daily support level around 1.1621 in the coming hours, it could be considered a buying opportunity with a target of 1.1650 and the upper band of the downtrend channel around 1.1663.

After breaking through the 4/8 Murray level, the euro failed to consolidate above this zone and attempted to break through on several occasions but was unable to do so, which triggered a sharp drop from 1.1718 to 1.1618; therefore, we believe the euro could see a recovery in the coming days.

If bearish momentum prevails, the euro has a significant and key support level around the 3/8 Murray line at 1.1596. This level could offer a good opportunity to open long positions and buy during a simple technical rebound if the price consolidates above this zone.

The Eagle indicator has reached oversold levels and is giving a positive signal, so we must be very cautious as a strong technical rebound could occur in the coming days.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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