The euro dollar forex trading forecast for EURUSD today 03/25/2019
Geopolitics rules the market on Friday. D. Trump announced that the United States recognize the Golan Heights for Israel, prompting sharp criticism from ES and Turkey. The Turkish leader has openly stated that this process can provoke a war on the border of Israel and Syria. Turkish lira on Friday fell by 5% - investors panic selling off the lira because they fear US sanctions. I offer a sober look, with no fuss, look at the current factors. Firstly, the Golan Heights, the last thirty years, and so are under the effective control of Israel. So there hard to expect war. Friday's panic should stabilize in the near future. Second, futures on a bet the Fed indicates a 40% probability of a rate cut at the meeting on 11 December. Let me remind you that a week ago, this figure was two times less. Dollar is a negative signal. Third, we can expect a continuation of the upward trend in the oil market, as the number of drilling States for three consecutive weeks of decliningplatforms, and the Americans are tightening sanctions against Iran and Venezuela. The growth of oil futures have a positive impact on the value of the euro, because the market there is a strong correlation between EURUSD and BRENT.
EURUSD recommendation: Buy 1.1288 / 1.1 270 and take profit 1.1340
exchange rate gbp usd forex forecast GBPUSD today 03/25/2019
GBPUSD treyderamdlinnyepozitsii Buy position for two reasons. Firstly, in the credit market is experiencing growth in yield spread on 10-year UK / US government bonds, which will support the pound. ES UK ready to provide respite for Brexit. The risk of uncertainty is gone away and investors are increasing their purchases of the British currency. Secondly, it is possible to expect growth of oil prices, which also have a positive impact on the value of the pound, because of the direct correlation GBPUSD and BRENT. Friday's release of the Baker Hughes US oil services company presented a pleasant surprise: the US, Canada and Mexico, the number of oil rigs decreased by 9, 49 and 2 units, respectively! Against this background, it is not necessary to wait for the growth of the black gold production in North America. For quotations is a positive signal.
GBPUSD recommendation: Buy 1.3180 / 1.3160, and take profit 1.3235
Dollar yen Fores forecast USDJPY 25.03.2019
During the day, you can expect a decrease in quotations on the background of the negative dynamics of the debt market. Differential yields on 10-year US and Japanese government bonds fell to a minimum for the last three months, which will provide support to the Japanese yen. Investors expect the US Federal Reserve interest rate cuts or at the end of 2019 or early 2020 - on this background, we see a rapid decline in the yield on 10-year US Treasury securities. Dollar is a bad signal!
USDJPY recommendation: Sell 110.15 / 110.30 and t ake profit 109.90