EURUSD London briefing — 2026-05-15

BIAS BULLISH. D1 structure overrides H4/H1 bearish EMA; RSI oversold at 20.48 signals reversal potential. KEY LEVELS R: 1.165, 1.17, 1.18088 | S: 1.1633, 1.16, 1.155 NEWS 🟡 Economic Bulletin (EUR) 08:00 UTC 🟡 Empire State Manufacturing (USD) 12:30 UTC 🟡 Capacity Utilization (USD) 13:15 UTC SESSION OUTLOOK London opens with oversold conditions favoring mean reversion toward 1.165. US data at midday may trigger momentum; watch USD reaction. PRO UNLOCKS [Pro members: entry zones, SL placement, TP targets, FVG sweeps, liquidity levels — unlock with subscription]

Key Levels

R: 1.16500 · 1.17000 · 1.18088

S: 1.16330 · 1.16000 · 1.15500