Events for today:
17:30 MSK. US data on crude oil inventories from the Department of Energy in September (previous value -4302K; -1675K forecast).
21.00 MSK. US: FOMC decision on the basic interest rate in September (the previous value of <2.00%; forecast <2.25%).
The euro dollar forex forecast pair EUR / USD today 09/26/2018
In the first half of trading Forex pair EUR / USD could test the high of Tuesday (1.1814) against the background of positive dynamics in the credit market, where the yield of the German 10-year bonds rising against the US Securities and UK. Do not leave without attention and growth specific to oil market, which is positive for the euro. Because the Saudis and the Russian said they would not increase production, and the production of oil in Venezuela and Libya decreases, the oil quotations receive strong support. Strong growth in the euro currency should not count today, as is maintained trade tensions between Beijing and Washington. China's deputy commerce minister Wang Shouven said Tuesday that the resumption of trade negotiations with the United States depends on the sincerity of the US side, and that China is not going to give up their positions because of the threats.
EURUSD recommendation: Buy 1.1750 / 1.1730, and take profit 1,1814.
Pound dollar forex forecast pair GBP / USD today 09/26/2018
Today, there are both positive and negative factors for the British currency. The positive factors include a strong bullish trend in the market of black gold that will support the pound, since Brent and GBP / USD direct correlation. It is impossible to ignore the talk in the Bank of England's series of gradual QE program completion. "Collapsing quantitative easing should not have a significant impact on the yield curve and, of course, on the economy, if it is to disseminate relevant information and if it will be gradual," - said a member of the Bank of England Vlige. Completion of QE is always a currency growth, and such talks are conducted for the first time in the last 8 years. The bad news for the pound - a continuation of the protracted negotiations on Brexit. German Chancellor Angela Merkel said that the European Union expect of the week "
GBPUSD recommendation: flat 1.3130 - 1.3210.
The dollar yen pair forecast USD / JPY today 26/09/2018
Traders in the pair USDJPY correction should be used for opening long positions Buy, based on continued growth. The head of the Bank of Japan Mr. Kuroda said that the central bank has no plans to curtail easing until inflation of 2%. Moreover, the possible mitigation options include reducing rates, the increase in purchases of Japanese government bonds, an increase in the monetary base. What does this mean? The Japanese yen will continue to weaken against its major counterparts, especially the US dollar and the pound, as the Federal Reserve and the Bank of England this year have raised interest rates and announced a new increase in 2019.
USDJPY recommendation: Buy 112,75 / 11 2,50 and take profit 113,17.