Events for today:
11:30 MSK. UK: Consumer price index for August (the previous value of 2.5% y / y, forecast 2.4% y / y).
15:30 MSK. USA: current account balance for Q2 BOP (previous value -124.1V; -103.0B forecast).
17:30 MSK. US data on crude oil inventories from the Department of Energy in September (previous value -5.296M; -2.391M forecast).
Forex euro dollar forecast EUR / USD pair today 19/09/2018
Today, there are good and bad news for the euro. Positive for the euro - in the commodity market is experiencing a strong bullish trend, it will support the currency of the Old World, in view of the direct correlation of the single European currency in metals and energy. Report on the US balance of payments in the second quarter may disappoint investors weak data by a decline in exports due to the strengthening of the dollar. Negative one - a decrease in yield of the German 10-year bonds to their counterparts from the US and the UK. It is difficult to understand which of these factors will have a greater impact on the course of trading.
EURUSD recommendation: fl et 1,1620-1,1720.
Pound dollar forex forecast pair GBP / USD today 19/09/2018
Today, the British can please the players forex strong growth during the bidding. One factor for the growth of GBPUSD - it is a positive release of inflation in Albion in August, which will be released the midst of European trading. Worth the wait, the data output is slightly better forecast the median, against the background of growth of average earnings and the increased cost of gasoline. For the pound will have a positive release of strong support. The second factor for the growth of the British, the continuation of the upward trend of oil prices is positive for the pound, because of the direct correlation GBP / USD and Brent. The third factor, the bond market, where the yield of British 10-year bonds rising to their counterparts from the US and Germany that will also support the pound during the day.
GBPUSD recommendation: Buy 1,3138 / 1,311 5 and take profit 1,3182.
Forex dollar yen pair forecast USD / JPY today 19/09/2018
Players in USDJPY longs today Buy counting on continued growth. The main "driver" of growth today, the positive trend in the global stock markets. US stock index S & P500 is ready to test the historical maximum, that will provide strong support for the pair, in view of the direct correlation of the two instruments. You can not ignore the growth differential yields on 10-year US and Japanese government bonds, which also will support the "bulls". This indicator is now released on a three-month high, signaling the growth of the pair quotes at 113.00 area.
USDJPY recommendation: Buy 112,25 / 112,00 and take profit 112,60.
FreshForex analyst and forecast