15:30 MSK. US: Retail Sales for April
15:30 MSK. US data on crude oil inventories from the Department of Energy in May
The euro dollar forex trading forecast for EURUSD today 05/15/2019
At present, formed a mixed background. On the one hand, it is possible to expect growth of quotations of the euro against the background of positive dynamics in the credit market, where the yield spread of 10-year government bonds in Germany / US shows growth. You can not ignore the continued upward trend in the oil market, which is also positive for the euro, due to the direct correlation of the single European currency and the black gold. On the other hand, the statistics may please investors positive data from the US retail sales, amid rising incomes of the population, which has a positive impact on the value of the dollar.
EUR / USD recommendation: flat 1.1180-1.1250
Pound dollar forex forecast GBPUSD today 05/15/2019
Forex traders today are two reasons to buy the pair GBP / USD.
The first reason, the level of unemployment in the UK reached a multi-year low, which will allow the UK economy to demonstrate good growth in the second and third quarters.
Second, the high demand for oil will have a positive impact on the value of the pound, because of the direct correlation of the two instruments. Geopolitical tensions in the Middle East increased, which led investors to actively buy oil contracts. Minister of Energy of Saudi Arabia Khalid al-Falih said on May 14 that the drones attacked two oil pumping stations (OPS) in the pipeline "East-West". Saudi Arabia suspects in this sabotage militias Yemen, which in turn is supported by Iran. BRENT Crude oil this week could test three-week high 72.66.
GBP / USD recommendation: Buy 1.2900 / 1.2 875 and take profit 1.2960
Dollar against the yen forex forecast USDJPY today 15/05/2019
The course of trading will depend on investor sentiment in the US stock market, as the USDJPY and the S & P500 have a strong correlation. Apparently, D. Trump little scared rapid decline in stock prices and through your favorite Twitter announced that the United States sign a deal with China at the right time. In turn, the Chinese Foreign Ministry spokeswoman gene Shuang announced the continuation of trade negotiations to resolve the conflict. Shuang gene previously repeatedly said that Beijing does not want a trade war. Thus, Trump is trying a little to defuse the situation, which could cause a technical upward correction in the stock markets, which in turn will allow the pair USDJPY to test the psychological level of 110.00.
USD / JPY recommendation: Buy 109.50 / 109.20 and take profit 110.00