12.00 MSK. Eurozone: Consumer Price Index for March.
15:30 MSK. US: Retail Sales for February.
euro dollar EURUSD forecast for today 04/01/2019
In early trading in Europe, the euro may show a decrease in quotations on the background of negative data on inflation in the euro zone in March. The leading economies of the Old World to the consumer price index in March showed a decline, and against this background that today it is difficult to expect the release of positive release. In the US session the US may have to disappoint traders weak macroeconomic statistics on retail trade that would have a negative impact on the dollar. The index of spending on private consumption is reduced, indicating that the slowdown in the retail sector. Upward trend in oil and gold, the game is clearly on the side of the single European currency, due to the direct correlation of these instruments. Thus, after weighing all the "pros" and "cons", we can conclude that the euro today can end your day on a positive note.
EURUSD recommendation: Buy 1.1215 / 1.1200, and take profit 1.1270
Pound Dollar GBPUSD forex forecast for today 01/04/2019
UK still do not know how to implement in practice Brexit. The British Parliament meets almost daily and vote on this subject, but the result still does not. In this situation, even helped prizes T. May to resign if the MPs did vote for a deal with the ES, which was prepared by the Prime Minister. Political instability led investors to leave the United Kingdom and to direct capital into other assets. Today, in my opinion, it is advisable to skip the SE trade this currency pair. Alternatively, you can trade, you can choose BRENT oil, which can test the level of 69.00, by a decline in hydrocarbon production in the OPEC countries + and North America.
GBPUSD recommendation: flat 1.3010 -1.3090
Dollar yen USDJPY forecast for today 04/01/2019
Upward trend in the global stock markets will have a positive impact on the course of trading in the currency pair, as the Japanese yen is a funding currency №1 in carry trade operations. Equity markets are now growing for two reasons. Firstly, investors expect the Fed to lower interest rates on 11 December - reduced rates by 0.25% is now the main scenario. Secondly, a new round of trade negotiations, the US and China was productive, as the United States has told the Minister of Finance S. Mnuchin. Today, S & P500 index could test the level of 2860 n., That will support the "bulls".
USDJPY recommendation: Buy 110.70 / 110.50 and take profit 111.20