Free no deposit Bonus Forex
Sunday, 16.06.2019, 23:29
Welcome Guest | RSS
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest

Total online: 1
Guests: 1
Users: 0
Main » 2019 » June » 13 » Forex forecast and recommendations today 13.06.2019: EUR / USD - the probability of growth, GBP / USD - The positive dynamics of the credit
Forex forecast and recommendations today 13.06.2019: EUR / USD - the probability of growth, GBP / USD - The positive dynamics of the credit


Events today:

15:30 MSK. US: The number of initial applications for unemployment benefits in June.

The euro dollar forex trading forecast for EURUSD today 06/13/2019

Yesterday's disappointing data on US inflation for May is not leaving the Federal Reserve no choice but to reduce the interest rate on its meeting of July 31 - the futures market in Chicago indicates a 80% probability of such an outcome. At the beginning of the week the rate was just above 65%. Inflation in the United States is reduced for two reasons. First, over the last year seriously Dollar strengthened against most of its competitors, thereby increasing import prices. Second, energy prices fall last month and a half, which also contributes to reducing inflation, as gasoline accounts for about 25% of the consumer price index. For the US dollar is a bad signal and traders should expect an increase in EURUSD quotes.

EUR / USD recommendation: Buy 1.1290 / 1.1270, and take profit 1.1344.





Pound Dollar GBPUSD forex forecast for today 13/06/2019

Positive credit market dynamics indicates growth of the British currency quotations: the yield on 10-year UK government bonds is increasing in relation to their counterparts in the United States and Germany. Investors reacted positively to the release of the UK labor market, in which an increase was recorded the average wage by 3.1%. Let me remind you that the Bank of England's expected growth rate of 3% and higher growth have a positive impact on UK GDP. It is impossible to ignore the decline in inflation in the United States, which has a negative impact on the value of the dollar. If the index Consumer Price Index was 2.8%, now 1.8% in May 2018. Inflation fell by 1% and FOMC may cut interest rates to mitigate the negative trend.

GBP / USD recommendation: Buy 1.2677 / 1.2660, and take profit 1.2739




Dollar yen USDJPY Forex forecast for today 13/06/2019

At present, formed a mixed background. On the one hand, it is possible to expect reduction of quotations on the background of negative macroeconomic statistics from the US inflation in May, where CPI figure came below market expectations, forcing investors to sell the US dollar. On the other hand, investors are waiting for the Fed to double reduction of interest rates in the second half (31 July and 18 September), which in turn will facilitate the continuation of the bullish trend on the stock markets and may have a pair USDJPY strong support, because it is highly correlated with stock markets . Since early June the S & P500 rose by 5% and this trend is still in force.

USD / JPY recommendation: flat 108.10 -108.70




FreshForex analyst


Download desktop trading advisor for automated trading in the currency market





Views: 15 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
«  June 2019  »
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright © 2019-2012
    Website builderuCoz