Target levels and forecast for the week 15.05. 19.05.

Target levels and forecast for the week 15.05.  19.05. Week opens on Turkish election results, Erdogan's absence in the first round is positive for the Turkish lira and will push the euro higher due to the close ties between Turkish banks and the Eurozone, but this momentum will be short-lived until the results of the May 28 vote.The dollar may be nervous about Fed Vice Chairman Michael S. Barr's report to Congress.On Tuesday, many important reports are released, and Biden will continue negotiations with congressional leaders on the national debt ceiling. The final outcome is unlikely as the US president is set to fly off Wednesday for the C7 leaders' summit.On Friday, Powell will have an exchange of views with former Fed chief Bernanke: it's unclear if this conversation can be useful for the markets, but it's worth listening to. Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 16AUD: RBA Meeting Minutes (01:30)CNY: Industrial Production, Chinese Unemployment Rate, NBS Press Conference (02:00)GBP: Labor market statistics (06:00)EUR: GDP, Trade Balance, ZEW Economic Sentiment (09:00); ECB President Lagarde Speaks (14:00)NZD: GlobalDairyTrade Price Index (15:00)USD: IEA Monthly Report (08:00); Retail Sales (12:00); Industrial Production (13:15); Fed Barr Testimony (14:00); API Weekly Crude Oil Stock (20:30)JPY: GDP (23:50)Wed, 17JPY: Industrial Production (04:30); Exports, Trade Balance (23:50)EUR: CPI (09:00)GBP: BoE Gov Bailey Speaks (09:50)USD: Crude Oil Inventories (+Cushing) (14:30)Thu, 18AUD: Labor market statistics (01:30)EUR: ECB President Lagarde Speaks (09:00)USD: Initial Jobless Claims (12:30); Fed Barr Testimony (13:30); Fed's Balance Sheet, Reserve Balances with FRB (20:30)Fri, 19EUR: ECB Economic Bulletin (08:00); ECB President Lagarde Speaks (19:00)USD: Fed Chair Powell Speaks (15:00)For more news  see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket