The euro dollar forex EURUSD forecast for today 12/11/2018
Fundamental background indicates the growth of the single European currency. The first reason for growth - a positive dynamics of the bond market, where yields on 10-year government bonds in Germany is growing in relation to their counterparts in the US and UK. The second reason - it's way out of weak data on producer price index in the US in November.This indicator is strongly correlated with the prices of oil and industrial metals, as well as the raw materials showed a strong decline in November, the PPI and the index will also show a decrease compared to October. For the US dollar is a bad signal. In general, investors are waiting for the outcome of the ECB meeting, which is scheduled for Thursday 13 December and until that time, we should not expect any sudden movements in the pair EURUSD.
EURUSD recommendation: Buy 1.1355 / 1.1335, and take profit 1.1460.
Pound dollar forex forecast pair GBPUSD today 11/12/2018
The British currency goes to the edge of the abyss - a pair of Care GBPUSD below the psychological level of 1.25 will open the way towards 1.21. News background today is enough to test 1.25. Firstly, T. Mae said Brexit voted on in the Parliament of Great Britain. Initially, the vote was scheduled for today, but the Prime Minister is afraid that the parliament will not approve its plan of action. Mae announced new talks with Brussels. Headquartered ES at the same time does not want to renegotiate. As a result, we obtain a new series of the long-suffering melodrama. Investors always want certainty, and now in Britain continuous chaos. During such periods, capital rapidly leaves the country and goes to seek refuge in other continents.
GBPUSD recommendation: Sell 1.2580 / 1.2599, and take profit 1.2500.
Ruble dollar forex forecast pair USDJPY today 11/12/2018
Weak GDP Report on Land of the Rising Sun for the third quarter dispelled all doubts about the Bank of Japan policy. Now none of the investors are not waiting for the reduction of incentives, as economic growth in the period from July fell by 0.6% in September. For the Japanese yen is a bad signal, because the longer the Bank of Japan buys assets from the market, the longer the yen will show weakness. In the United States, on the other hand, according to the ISM reports, players waiting for a good growth in the fourth quarter and then investors have no choice as to increase the "Long" in a given currency pair.
USDJPY recommendation: Buy 113.00 / 112.75 and take profit 113.80.
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