Events that should pay attention today:
15:30 MSK. United States: the balance of foreign trade in January.
17:30 MSK. US data on stocks of crude oil from the Department of Energy in March.
The euro dollar forex trading forecast for EURUSD today 03/27/2019
Forex traders in the EUR / USD pair today waiting for a mixed background. On the one hand, the negative dynamics of the credit market, where the yield on 10-year German government bonds falls in relation to their counterparts in the US and the UK, indicates a decline in the euro. On the other hand, the continuation of the upward trend in the market of black gold could have a single European currency support, because the market there is a strong correlation between EURUSD and BRENT.
EURUSD recommendation: flat 1.1230 -1.1310
Pound Dollar GBPUSD forex forecast for today 27/03/2019
Traders on the GBP / USD pair today are two reasons to open long positions.
First, the yield differential on the debt market 10-year UK / US government bonds demonstrates the growth that will support the British currency. The United States continues to disappoint investors weak macroeconomic statistics. On the eve of the release we received a negative for the construction - the number of bookmarks of new foundations has decreased by 10% in February against the fall by 4.5% in January. The negative trend is accelerating, and this factor cools the interest of investors to the US currency.
Second, the upward trend in the oil market have a positive impact on the value of the pound, because of the direct correlation GBPUSD and BRENT. Oil rises in price by a decline in the supply of OPEC + testing the psychological level of 70.00 is only a matter of time.
GBPUSD recommendation: Buy 1.3157 / 1.3130, and take profit 1.3220
Курс доллар иена форекс прогноз USDJPY на сегодня 27.03.2019
Investors are returning to buying risky assets, which will positively impact on the price of the pair. We see a positive trend in the oil, industrial metals stocks - in such periods of investment funds using Japanese yen to finance carry trade operations, as the Bank of Japan and the discount rate is negative borrow in yen profitable. This week, the US Treasury Department delegation will travel to Beijing for new trade negotiations, and investors are optimistic about the event. Since the report of R. Muller did not reveal the fact of collusion J. Trump with Russia during the elections in 2016, but now the American president will be in every way to accelerate the process of completing a trade war with China. D. Trump needs sustainable growth of both the economy and the stock market - free trade deal with Beijing that will not happen.
USDJPY recommendation: Buy 110.45 / 110.25 and take profit 111.00