The euro dollar forex forecast pair EUR / USD today 18/09/2019
The euro today is waiting for a good day. Statistics from the United States against the greenback. Manufacturing activity in the zone of responsibility of the Federal Reserve Bank of New York this month, grew at a slower pace than in August as shipments and unfilled orders decreased and inventories rose. Also, there is an upward trend in the commodity market, it is positive for the euro quotations, because of the direct correlation with the euro currency metals and oil. The biggest buyers of Iranian oil, including China and India, have already started to reduce imports from the country, and this can lead to a more limited supply of black gold on the world market - investors should not expect Brent prices in the region of 79.50. March copper stocks in LME warehouses fell by 42%, to 22 000 tonnes,
EURUSD recommendation: Buy 1,1680 / 1,1660 and take profit 1,1740.
Pound dollar forex forecast pair GBP / USD today 18/09/2018
GBPUSD traders on today - two reasons to open long positions Buy.
First, the profitability of British 10-year bonds on the bond market increased to US and German bonds, it will support the British. Tomorrow there are data on inflation in the UK in August, which may please investors as positive, with increased incomes. Probably, many traders today will increase the "Long" on the pound.
Second, further sterling support the commodity market, the rise in oil prices between Brent and GBP / USD there is a direct correlation.
GBP / USD recommendation: Buy 1,3135 / 1,3110 and take profit 1,3180.
Dollar yen forex forecast pair USD / JPY today 09/18/2018
Traders on the USD / JPY Buy today based on the continuation of the upward trend! In Asia, there is a strong growth of the Japanese stock market, is a positive for the dollar yen pair, in view of the direct correlation USD / JPY and the Nikkei 225. J. Trump has signed a decree on the eve of the introduction of go for Chinese goods in the amount of 200 billion. $, But investors do not frightened and do not become massively sell shares - Chinese stock indexes today are growing within 0.15%. Why investors are not panicking? The fact that the law on the new fees will come into effect from January 1, 2019 and the warring parties have three months to agree. If the US and China can agree on trade issues, cancel the data fees. Will the agreement achieved? It is difficult to say, but there will be negotiations. Investors hope that the negotiations will be successful.
USDJPY recommendation: Buy 111,95 / 111,70 and take profit 112,41.
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