euro dollar forex forecast pair EUR / USD today 03/19/2018
EURUSD forex players for today is worth waiting for a moderate depreciation of the euro. Industrial Production report for February in the United States gave the signal to market participants that the Federal Reserve at its meeting will raise rates to 0.25%. Industrial output grew by 4.4% in the last month of winter, which indicates the acceleration of economic growth. Now, according to the futures market in Chicago, raising the likelihood of FOMC rate is estimated at 93% of the market. For the dollar, this factor will provide support in the short term. Globally, this event does not change, but the short term the dollar could demonstrate the power. The dynamics of credit markets also indicates a decline of quotations couples: the differential yields on 10-year German government bonds and US declines, which is negative for the euro.
EUR / USD recommendation: Sell 1,2300 / 1,2325 and take profit 1,2264.
Pound dollar forex forecast pair GBP / USD today 19/03/2018
Forex traders today is to sell the GBP / USD on the background of the negative dynamics of the debt market. The yield on British 10-year bond falls to the German and US bonds, it will davt to Sterling exchange rate. Investors are still concerned about the geopolitical tensions between the United Kingdom and Russia. On Friday, the Russian Foreign Ministry said on the response in relation to the UK. Who can not see a way out of this situation, and investors do not like this process. However, strong sales are now not count as traders increasing their long positions on the black gold that can support the pound, because of the correlation GBP / USD and Brent.
GBP / USD recommendation: Sell 1,3950 / 1,3980 and take profit 1,3910.
Dollar yen forex forecast for today the pair USD / JPY 19.03.2018
Two reasons for currency traders to buy the pair USD / JPY.
First, the leading stock market indicators show an upward trend of the planet, which is a positive factor for the pair, as the Japanese yen is used by investors to fund carry trade operations. Investors buy and sell shares of gold - such dynamics indicates there is a high demand for risky assets. For the pair USD / JPY - a strong signal to buy.
Second, the yield spread of US and Japanese 10-year bonds expanded, which will also support the "bulls".
USD / JPY recommendation: Buy 105,90 / 105,70 and take profit 106,40.
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