Free no deposit Bonus Forex
Saturday, 20.10.2018, 14:16
Welcome Guest | RSS
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest

Total online: 1
Guests: 1
Users: 0
Main » 2018 » October » 8 » Forex Currency forecast for today 08/10/2018: The interest risk is reduced somewhat, the US dollar continues to lead
Forex Currency forecast for today 08/10/2018: The interest risk is reduced somewhat, the US dollar continues to lead


The dynamics of the beginning of the week, this time dictated by the situation on the stock markets of China, which now has the sale of assets. Prospects for trade wars with the US and general fears of slowing economic growth in China have a negative impact on market expectations. In these circumstances, risk assets do not look very attractive. The US currency retains a global edge. No significant economic statistics today. 

Forecast EURUSD - the dollar, the euro failed to develop a correctional movement above 1.1550, and again today the price of EURUSD fell below 1.1500. Trading range of the day EURUSD 1.1450-1.1500 so far looks like, while in the zone 1.1450-60 expected demand.



GBPUSD - 1.3100 levels above could not resist the pair fell below 1.3100, moving in range of 1.30-1.31. Demand notes in the band 1.3000-1.3020. 

USDJPY - after the pair falling below 113.60-70 growth prospects have been completed. The range of 113.00-113.60. 

EURCHF - here a decline below 1.1400, 1.1380-1.1420 range until the amount, but the technical picture is deteriorating rapidly, likely to fall towards 1.1350. 

AUDUSD - here the US dollar continues to lead, the pair is under pressure, the range of 0.7040-0.7080. 

NZDUSD - the decline continues, the range of 0.6420-0.6460. 

USDCAD - strong growth continued until the pair at 1.3000. Range 1.2970-1.3030, with the deterioration of the situation with the risk likely to increase to 1.3050 and 1.3100.

Gold - metal reacts poorly on the overall market. Today the range of 1190-1200. 

Oil Brent - here continues downward correction, the decline in risk appetite that actively promotes. Today the range of 82.50-83.50, and medium-term trading range already looks like 80-85. Only the strong growth above 86.00-86.50 indicate a continuation of the medium-term growth. 

USDRUB - couple attempts to rise above 67, but they are blocked sales in the band 67.00-10. Range of 66.70-67.00. Growth above 67 will send a pair of the side 68. 

BTCUSD - quiet a measured range of active saved. Range of 6550-6650.


Analyst and forex forecast Basil badgers WELTRADE



Views: 14 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
«  October 2018  »
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright © 2018-2012
    Website builderuCoz