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Main » 2018 » August » 28 » Forex forecast and recommendations for today 28.08.2018: EUR / USD - uptrend, GBP / USD - the demand for risky assets, USD / JPY - long posi
09:51
Forex forecast and recommendations for today 28.08.2018: EUR / USD - uptrend, GBP / USD - the demand for risky assets, USD / JPY - long posi

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Forex euro dollar forecast Parva EUR / USD today 28/08/2018
 

Euro - upward trend continues. Today, traders can expect EURUSD Euro exchange rate growth to around 1.1720 against the backdrop of the resumption of trade talks between the US and ES President Donald Trump and German Chancellor Angela Merkel during a telephone conversation agreed to continue work on alignment of the terms of trade. On the eve of Trump was able to negotiate with Mexico on trade issues, and now the market expects positive outcome of the negotiations and the United States ES Oil has risen to a six-week high - this is the effect of positive negotiations between the US and Mexico.


EUR / USD recommendation: Buy 1,1660 / 1,1640 and take profit 1,1720.

 

 

 

 

 

 

Forex Pound Dollar exchange rate forecast for the pair GBP / USD today 28/08/2018
 

Forek players in the GBPUSD pair is worth buying sterling, based on the growth of quotations in the area of ​​1.2935 last week high. London banks are now returning to the market after a long weekend and with the opening of the European session the volatility spike should not wait. Now investors are actively buying risky assets (oil stocks) and to pound it is a positive signal, because the British currency has a direct correlation with these assets. Since today is not expected important macroeconomic statistics, it is the demand for risky assets will determine the course of trading.


GBPUSD recommendation: Buy 1,2850 / 1,2830 and take profit 1,2935.

 

 

 

Forex dollar yen forecast pair USD / JPY today 28/08/2018
 

US stock market on the eve of renewed historical maximum, which is a positive factor for the pair, as the Japanese yen is used in carry trade operations and during the rapid growth of the stock market with USD / JPY is also showing growth. In the first half of the year, many investors were scared trade wars that the United States waged against Europe, China, Mexico, and Canada. Now the White House to engage in constructive negotiations with its partners, which positively perceived by the investment community.

 

USDJPY recommendation: Buy 111,10 / 110,88 and take profit 112,00.

 

 

 

Analytics FreshForex

 

 

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