The euro dollar forex forecast pair EUR / USD today 11/13/2018
Traders in EURUSD today's forex trading worth the wait depreciation of the euro as market participants again is the question of government opposition of Italy and the European Commission. European Commissioner for Finance Pierre Moscovici said yesterday that does not support the project of the Italian budget, which provides for a deficit of 2.4% of GDP - it is necessary not to exceed two percent. Italians do not want to save money and are willing to conflict with the European Commission. According to CFTC data for the last week of investment funds increased by 4 times euros sales. This is a strong signal to the price decline of European currencies. At the same time, usually after this correction should be up. Will breached the psychological level of 1.10 this week? Most likely no. Although the players waiting for the high volatility in the coming three days.
EURUSD recommendation: Sell 1,1252 / 1,1271 and take profit 1,1210.
exchange rate gbp usd forex forecast pair GBP / USD today 11/13/2018
Market participants continue to act out negative for Brexit today, against this background, the United Kingdom currency in the forex trading will remain under pressure. Today, sterling quotations may test at least Monday (1.2826), the pound sellers on the market very much. This is evidenced by CFTC report on the positions of investment funds, which increase the sales of the British currency. Funds do not believe in the ability of T. Mae have agreed with Brussels and sell the pound. The only thing that today can support the British currency is the release of positive data on the average wage but British companies and are in no hurry to increase the wages due to the uncertainty around Brexit. Business is in limbo and not ready to increase spending. Against this background, today the players should not wait for the data better than expected median.
GBP / USD recommendation: Sell 1,2880 / 1,2900 and take profit 1,2820.
Dollar yen forecast of the currency pair USD / JPY today 13/11/2018
US investors after the weekend returning to the market, and are now actively buying USDJPY pair, it will cause the growth of quotations. On an upward trend indicates the growing yield spread of 10-year Japanese and US securities. Market participants expect the US Fed rate hike to 0.25% at the meeting on 19 December. The Bank of Japan stated many times that his policy on changes in interest rates will remain unchanged until at least 2020. Against this backdrop, the yield spread of bonds increases, which increases the attractiveness of investments in assets States.
USD / JPY recommendation: Buy 113,93 / 113,70 and take profit 114.54.
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