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Main » 2018 » September » 3 » Forex forecast and recommendations for today 03.09.2018: EUR / USD - holiday in the US, GBP / USD - the reasons for buying, USD / JPY - the
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Forex forecast and recommendations for today 03.09.2018: EUR / USD - holiday in the US, GBP / USD - the reasons for buying, USD / JPY - the

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The euro dollar forex forecast pair EUR / USD today 03/09/2018
 

Today in the US output and in this regard, an active trade will be observed to 18.00 MSK., When the London-based bank will close its doors. Important macroeconomic statistics is expected, the US government debt market is closed, and on this background it is difficult to expect that investors will rush to the opening of trading positions. All important events still to come - the mansion is worth the Friday release of the labor market in the US in August. A small portion of the negative for the euro generates Turkey, which continues to the devaluation of the national currency, which is a negative factor for banks in Spain and Italy.


EURUSD recommendation: flat 1,1550-1,1650.

 

 

 

 

Pound dollar forex forecast pair GBP / USD today 09/03/2018
 

Two reasons for investors to buy the British today.


First, in the midst of trading in Europe, will report on the manufacturing sector PMI UK, which may please investors positive on a background of factory orders growth. For last week greatly increased the yield spread of British and American 10-year bonds, it strongly supports the sterling.


Second, the rise in oil prices, it also supports the Kingdom of the currency due to Brent and GBP / USD direct correlation. black gold market shows an upward trend against the background reduce the supply of fuel from Iran and Venezuela, as well as strikes on the platforms in the North Sea.


GBPUSD recommendation: Buy 1,2920 / 1,2900 and take profit 1,3000.

 

 

 

Ina dollar forex forecast pair USD / JPY today 09/03/2018
 

Today is not expected important macroeconomic statistics and taking into account the output in the United States, you can expect the sideways trend during the day. Investors today will not rush with the opening of trading positions, as all the important events ahead. Alone is worth a report on the labor market, which will be published on Friday. The head of the Federal Reserve, speaking at the end of August at an economic symposium in Jackson Hole, said that the central bank will closely follow the data on employment and average earnings. Thus, it is the Friday data will determine the trend for the next two weeks in a given currency pair.


USDJPY recommendation: flat 110,50-111,50.

 

 

 

Freshforex forecast

 

 

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