17:30 MSK. US data on crude oil inventories from the Energy Department.
The euro dollar forecast EUR / USD at today 04/25/2018
We sell the euro, based on the continuation of the downtrend. The main factor for the drop in prices - it is the negative dynamics of the debt market, where the yield differential on 10-year German and US government bonds demonstrates decline. On Tuesday, US investors pleased with the positive data on sales of new buildings and consumer confidence from the Conference Board, which brought the yield on 10-year US bonds at the level of 3%, the first time since January 2014. Investors are actively debating a more rapid increase in the Fed rate than previously thought, as strong economic data will contribute to the more rapid growth of inflation.
EUR / USD today recommendation: Sell 1,2244 / 1,2265 and take profit 1,2197.
Pound dollar currency forecast GBP / USD today 25/04/2018
Traders on the GBP / USD today worth waiting reduction in the negative background for the British. Firstly, in the credit markets, the yield on 10-year UK government bonds is reduced in relation to their counterparts in the United States and Great Britain, which will put pressure on the pound. Secondly, the oil market has stabilized in the $ 73 / barrel for Brent grade and now can not see the reasons for the price growth, since the API morning has reported an increase in reserves of black gold in US stores by 1.1 million barrels. For the pound is also a negative signal as the pair GBP / USD is correlated with Brent.
GBP / USD today recommendation: Sell 1,3995 / 1,4015 and take profit 1,3960.
USD forex forecast forex dollar Yen / JPY today 25/04/2018
USD / JPY The pair is trading at two-month highs, and the upward trend is gaining momentum. The main "driver" of growth, as before, is the dynamics of the debt market, where the yield differential of 10-year government bonds of the United States and Japan updated seven-month high in Asian trading. The yield on 10-year US bonds is now at 3.01%, and it is not the limit, because the index is highly correlated with inflation expectations that grow against the backdrop of rise in price of oil. In my opinion, for two weeks the yield of US bonds could reach 3.1%, which in turn will contribute to the new sell-yen.
USD / JPY recommendation: Buy 108,75 / 108,50 and take profit 109,30.
Forex forecast for today Aleksandr Goryachev FreshForex
Important: These reviews are subektivnym opinion of the author and are not a recommendation to the commission trading