EUR/USD Weekly Special Report based On 1.00 Lot Calculation:
● EVENT (US CPI (APRIL) - WEDNESDAY 15 MAY, 2024 - 13:30 GMT+1): The United States is expected to release its CPI inflation figures for the month of April on May 15th, 2024. Inflation is down significantly since its peak of 9.1% in July 2022 to 3.5% as of the latest reading. If the print comes in lower than expected this could weaken the dollar and push the EURUSD pair higher.
● EVENT (EUR CPI APRIL - MAY 17, 2024 09:00 GMT+1): The Eurozone is anticipated to release its CPI inflation data for the month of April on May 17th 2024. The previous reading came in at 2.4%. If the Eurozone CPI comes in higher than expected this could potentially push the EURUSD pair higher.
● EVENT (EUR MANUFACTURING PMI - MAY 23, 2024 09:00 GMT+1): The Eurozone is anticipated to release its Manufacturing PMI data for the month of May on May 23rd 2024. The previous reading came in at 45.7. If the Eurozone Manufacturing PMI comes in lower than expected this could potentially push the EURUSD pair higher.
EURUSD, May 15, 2024
Current Price: 1.083
EUR/USD |
Weekly |
Trend direction |
|
1.110 |
|
1.097 |
|
1.090 |
|
1.076 |
|
1.073 |
|
1.070 |
EUR/USD |
||||||
Pivot Points |
||||||
Profit or loss in $ |
2,700.00 |
1,400.00 |
700.00 |
-700.00 |
-1,000.00 |
-1,300.00 |
Profit or loss in €² |
2,494.16 |
1,293.27 |
646.63 |
-646.63 |
-923.76 |
-1,200.89 |
Profit or loss in £² |
2,143.45 |
1,111.42 |
555.71 |
-555.71 |
-793.87 |
-1,032.03 |
Profit or loss in C$² |
3,681.27 |
1,908.81 |
954.40 |
-954.40 |
-1,363.44 |
-1,772.47 |
1. 1.00 lot is equivalent of 100.000 units
2. Calculations for exchange rate used as of 09:00 (GMT+1) 15/5/2024
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