Events today :
11:30 MSK. United Kingdom: The retail volume, taking into account the cost of fuel for March.
15:30 MSK. US: Retail Sales for March.
The euro dollar EURUSD forecast for today 18/04/2019
Today, the euro last active trading day of the week, as tomorrow in the Western countries, there is Good Friday, and investors will have a rest. Published positive statistics from China GDP, industrial production and retail trade allows the euro to demonstrate the growth of quotations in the area of 1.1370. EUR always has a direct correlation to the news from Beijing and since we got good news, we can expect growth of quotations. On the other hand, a report from the US retail sales in March may also please investors strong data, as in the United States have seen a steady increase in average wages. This factor will restrain the strengthening of euro in the second half of the day.
EUR / USD recommendation: Buy 1.1290 / 1.1270, and take profit 1.1340
The pound dollar pair GBPUSD forecast for today 04/18/2019
GBP / USD pair continues to trade near the 1.3000 psychological level. Dynamics in the debt market indicates a possible increase in the sterling exchange rate: the yield spread on 10-year UK / US government bonds demonstrates the growth, it will support quotes the Briton. An additional impetus to the growth of a pound may receive from the oil market, since there is a direct correlation between GBPUSD and BRENT. Report published on the eve of the US Department of Energy could have a positive impact on the oil market. First, in the United States decreased by 100 thousand. Bbl. / Day of oil production. Second, the reduced stocks of gasoline and crude oil. In the past three months, investors feared the rapid growth of oil production in the United States, and the problem was not so terrible.
GBP / USD recommendation: Buy 1.3035 / 1.3015, and take profit 1.3090
The dollar yen pair USDJPY forecast for today 18/04/2019
Capital inflows in "risky assets" can count on the continuation of the upward trend for the pair USD / JPY. Investors are actively buying shares in the world's leading stock markets, oil and industrial metals, high-yielding currency (Turkish lira, Russian ruble and the Mexican peso). The Japanese yen is the currency №1 funding in carry trade operations. Currency of Japan's so-called "safe asset" and in times of capital inflows into risky assets the USDJPY showing steady growth of quotations.
USD / JPY recommendation: Buy 111.80 / 111.60 and take profit 112.25