Free no deposit Bonus Forex
Friday, 20.07.2018, 07:46
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 1
Guests: 1
Users: 0
...
Main » 2018 » July » 2 » Forex forecast and recommendations for today 02.07.2018: EUR / USD - lateral trade, GBP / USD - reasons to buy
09:15
Forex forecast and recommendations for today 02.07.2018: EUR / USD - lateral trade, GBP / USD - reasons to buy

article30626.jpg

Events traders today:

11:30 MSK. United Kingdom: PMI index for the manufacturing for June (the previous value of 54.4, forecast 54.1).

17:00 MSK. US: ISM manufacturing index for June (the previous value of 58.7, forecast 58.2).


The euro dollar forecast EUR / USD pair today 02/07/2018


Players on the EUR / USD pair today waiting for a mixed background. On the one hand, possible to reduce the euro currency exchange rate against the backdrop of negative on the bond market, the yield on German 10-year bonds fall to the British and US bonds. On the other hand, oil quotes are set to test the psychological level of $ 80 / barrel for Brent grade, it is positive for the euro, due to the direct correlation of the two instruments. Evening US statistics on business activity in the manufacturing sector can provide short-term support for the dollar, against the background of positive data from the Kansas City, Richmond and Dallas.


EUR / USD recommendation: flat 1,1610-1,1710.

 

 

 

 

Pound dollar forecast for today GBP / USD 02.07.2018
 

Traders on the GBP / USD - Buy for two reasons.


First , the debt market is a positive trend for the pound: the yield on 10-year UK government bonds is increasing in relation to their counterparts in the United States and Germany, which will support the British currency.


Second , there is a rise in oil prices, which is also positive for the pound, because of the direct correlation GBP / USD and Brent. Investors are waiting for the fall of the volume of production in Iran and Venezuela and buying oil contacts. In the US, the second consecutive week reduced the number of drilling rigs, which indicates that the oil is at its peak. Who started this July-month, when the G-20 economies have the highest demand for petroleum products. For oil quotations is a positive factor that will provide strong support for prices.


GBP / USD recommendation: Buy 1,3170 / 1,3150 and take profit 1,3215.

 

 

 

 

Aleksandr Goryachev

Company analyst FreshForex

Views: 17 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
«  July 2018  »
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
293031
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 Bonus-FX.com © 2018-2012
    Website builderuCoz