Events for today:
15:30 MSK. USA: Change in the number of people employed in non-agricultural sector in September (the previous value of 201K; 185K forecast).
15:30 MSK. US: Changes in average hourly wages in September (before yduschee value of 2.9% y / y, forecast 2.8% y / y).
The euro dollar forex forecast pair EUR / USD today 05/10/2018
Nonfarm payrolls (NFP) main event today, which is expected forex tredery. Leading indicators of employment of ISM point to yield strong data on Non-Farm, but a high rate will not be enough to strengthen the dollar. Americans also need a strong statement at the average wage. Now the market is waiting for revenue growth by 2.8% y / y, and if the final figure will be released better than this value, then we will see a strong dollar strengthening. If the index is at the level of investors' expectations, we will see a slight strengthening of the US currency. Thus, the euro will fall today - the whole issue in the amount of the fall, which will depend on the yield on average earnings data.
EURUSD recommendation: Sell 1,1520 / 1,1540 and ta ! Ke profit 1.1490.
Forex Pound Dollar exchange rate forecast pair GBP / USD today 05/10/2018
For the pair GBP / USD formed a mixed background. On the one hand, it is possible devaluation of the British against the background of positive statistics on the labor market in the US in September, where, according to employment figures from the ISM and the ADP, can be expected to yield data on the number of people employed in non-farm payrolls better than expected median. On the other hand, the continuation of the upward trend in the commodity market can support sterling quotes. Three-month copper futures on the LME reached a 12-week high, and the cost of aluminum this week rose by 8% and quotes ready to demonstrate a new wave of growth, amid reports about the planned closure of one of the world's largest alumina refineries. Norwegian aluminum producer Norsk Hydro ASA plans to completely shut down its alumina refinery in Brazil.
GBPUSD recommendation: flat 1.2 958 -1.3045.
Dollar yen forex forecast pair USD / JPY 05.10.2018
USD / JPY - two factors to open long positions Buy. Firstly, the growth in the credit market yield spread of US and Japanese 10-year bonds, which traditionally supports rate USD / JPY. Positive report on Non-Farm will lead to new growth of this indicator. Secondly, the economic adviser to the president of the United States L. Kudlou believes in successful resolution of trade disputes between the United States and its partners, which signaled to investors that the correction in the stock markets should be used for opening long positions. Since the USD / JPY pair is closely correlated with stock markets, for the "bulls" is a positive signal.
USD / JPY recommendation: Buy 113,90 / 113,65 and take profit 114,40.