16:30 MSK. US: The number of bookmarks of new foundations
The euro dollar EURUSD forecast for today 17/01/2019
A week before the first meeting of the year, the ECB made its head M. Draghi, who expressed concern about the weak economic data against the background of the Chinese and US trade war, as well as Brexit. "We can not be careless," - said the head of M. Draghi. What does this mean for the euro? The ECB will continue to stimulate the economy and to increase the rates can be forgotten at the end of 2019. Since we are now in a dollar correction cycle, the growth of the euro would be strong, but now investors will be more restrained in respect of the purchases of the single European currency. Trend gfhs EURUSD upside is still relevant, but it could have been stronger.
EURUSD recommendation: Buy 1.1370 / 1.1 350 and take profit 1.1440.
Pound Dollar GBPUSD forex forecast for today 01/17/2019
The failure of the project Brexit upset only T. Mae. Investors are optimistic and increase investments in British assets. As the "hot cakes in the market" at variance shares of major banking institutions: Lloyds Banking, Barclays and Royal Bank of Scotland Group. On the debt market the yield of British 10-year bonds rising to the German and US bonds, it dopolnitelnopodderzhit sterling. In the second half of trading in the US, there are data on the number of bookmarks of new foundations, which are unlikely to please investors as positive, against a background of higher borrowing costs due to the activities of the Federal Reserve. Dollar is a bad signal in the short term.
GBPUSD recommendation: Buy 1.2860 / 1.284 0 and take profit 1.2925.
Dollar yen USDJPY Forex forecast for today 01/17/2019
Trading in the pair USDJPY two factors will determine today. First, the dollar, the yen will be correlated with the equity markets, where there is a positive trend. In America grows corporate reporting season. On the eve of investors pleased with the results of such banking giants as Bank of America and Goldman Sachs, which reported about a substantial increase in revenue and net profit. It is impossible to ignore the news from China, where the central bank has poured a record 84 billion dollars into the banking system. These measures should contribute to the growth of lending. Typically, the stock markets act out such news increase in quotes for a few days. Second, the debt market yield spread on 10-year US and Japanese securities increases, which will also support the USDJPY pair.
USDJPY recommendation: Buy 108.90 / 108. 70 and take profit 109.75.