Hello. Below are several Forex market trading recommendations for 15.05.2026
EURUSD
EURUSD ultimately remained in a sideways range and today reached the lower boundary at 1.1667. Tomorrow I think we will move below this level, and I will make trading decisions based on the reaction. If price confidently consolidates below it, then next week I will look for selling opportunities on pullbacks. In the alternative scenario, price returns into the range, and then I will stay out of trades and continue watching the situation.
AUDUSD
AUDUSD spent a long time moving under the 0.7267 level and today formed an engulfing pattern. Judging by moves in other pairs against the dollar, this pair is lagging behind in the decline, and it is probably worth waiting for the move lower to continue. Selling opportunities can be considered, with targets below the 0.7110 level. I am not considering buys here for now.
Best regards, Artem aka TeaDrinker
EURUSD remains in a sideways range near 1.1667, while AUDUSD formed an engulfing pattern under 0.7267. Trading plans for the next moves.
