Trading Forecasts and Ideas for 20.05.2026

Hello. Below will be several trading recommendations for the Forex market for 20.05.2026

On the AUDUSD pair, we reached the first downside target at 0.7110. Let us see whether there will be a turning point and a development of the downtrend, or whether we will return to the range and resume growth. I think it is worth looking at intraday buys here with the expectation of an upward move. Targets are based on new highs above the 0.7267 level. I will start considering sales on pullbacks if we give an impulse below 0.7110. The target for sales is 0.6992.

On the USDJPY pair, we are in an interesting place, the price has returned to the middle of the range of the last downward impulse, and to the center of the sideways range. So far there are no signals for sales, and it is logical to wait for growth to continue toward the highs of 160.72. But we will probably finish the correction here and try to develop the downtrend in continuation of the impulse. It is worth paying attention to this pair and watching the situation.