The euro dollar forex EURUSD forecast for today 22/02/2019
Currency pair EUR / USD trading for today may show moderate growth, against the background of positive statistics from Germany, and the preservation of the upward trend in the oil market. IFO index today may please investors data better than expected median, as this indicator is closely correlated with the PMI Composite, which is the day before rose to four-month high. In the oil market remains an uptrend, and BRENT consolidation near the level of $ 67 / barrel, this is a temporary lull before the storm. On Thursday, the oil market has ignored the negative statistics from the United States, which reported about the growth of reserves and production of hydrocarbons. The market ignores the negative only in one case, when there are a lot of buyers! For the euro is a positive signal.
EURUSD recommendation: Buy 1.1310 / 1.1290, and take profit 1.1370
Pound dollar forex forecast pair GBPUSD today 02/22/2019
Passions around Brexit still do not cease. Investors, as well as the government did not fully understand - whether the ES will concessions T. Mae? The British prime minister is adamant that he can tip the scales in their favor. the bond market is now stopped - the spread of 10-year securities UK / US virtually unchanged two trading days in a row. It is worth noting that these two days, the pound is trading above the psychological level of 1.30 - it can be concluded that the investors are still willing to believe the promises of T. Mae.
You can not ignore the trends in the oil market, which are also important for the pair, as the pound has a direct correlation with the black gold. On the eve of the media once again talking about the growth in US production, this factor can cause the collapse of the oil market. Is it really? in the US Oil 6 weeks it was at the same level and in the last week rose by 100 thousand. barrels / day. OPEC + since the beginning of the year has reduced production by 996 th. Barrels / day. Total obtain the production decline at 886 th. Barrels / day. In what there can be a risk for the market? Moreover, the demand for oil this year to 1.4 million. Bbl. / Day. Roughly in January-February demand could grow by 200 thousand. Bar. / Day, and the growth of States only half of the volume. It is worth noting that the demand for oil will grow steadily until at least 2025. Concerning, sleep should be frightened news of a slight increase in production. Thus, oil may continue their triumphant march to a mark of 67.92 BRENT grade, which will support the pound.
GBPUSD recommendation: Buy 1.3000 / 1.2980, and take profit 1.3070
Dollar yen USDJPY Forex forecast for today 02/22/2019
US stock market on Thursday showed a moderate decrease in quotations, and many of the media started talking about what started the downward correction, which in turn will cause a decrease in the USDJPY pair, which has a direct correlation with the index # SP500. In my opinion, for what would have to understand what will happen to the stock market need to look at the dynamics of fear index VIX - if this figure is growing, it would indeed be a correction. The index is now falling, and is at a minimum for the last 4 months! We get a signal for the continuation of the upward trend on the # SP500. Today in Washington, completed trade negotiations, the US and China that could reassure investors to build positions on shares Buy. For a pair USDJPY a positive signal. It is impossible to ignore the growing yield spread of 10-year US Treasury bonds, and Japan,
USDJPY recommendation: Buy 110.55 / 110.35 and take profit 111.11