Events investors today:
17:00 MSK. USA: Sales of housing in the primary market in March.
The euro dollar forex forecast pair EUR / USD today 04/23/2019
Today forex players for EUR / USD pair for two reasons otkryvatdlinnye position.
The first reason, the American statistics on sales of new buildings in March may disappoint investors weak data as the real estate market is experiencing hard times. Home sales in the secondary market fell by 7% in March, versus 1% in February. drop accelerating pace, which is a negative factor. Why is this happening? Primarily to blame the US Federal Reserve, which in 2018 actively raises interest rates, thus causing a rise in the cost of mortgages.
The second reason, in May, the US plans to impose an embargo on Iranian oil, which pushes up the quotes of "black gold". Against this background, #BRENT quotes today may show growth in the region of 75.00. For the euro is a positive signal, as the currency of the Old World has a direct correlation with the oil.
EUR / USD recommendation: Buy 1.1240 / 1.1220, and take profit 1.1290
Pound dollar forex forecast pair GBP / USD today 23/04/2019
Today, the British investors are returning to active trading, and forex traders should wait for the burst of volatility in the first hours of trading in Europe. According to past experience we can conclude that at the beginning of market participants waiting for a false breakdown extremum, after a sharp turn in the other direction. What would it be for extreme value and where the market will unfold? Most likely, the market is beginning to fall to 1.2960 / 1.2945, then the players will await the growth rate GBP / USD above the 1.3000 psychological level. Why such an outcome? "Bullish rally" in the oil market have a positive impact on the value of the British pound today. The United States declared their readiness to "reset" the export of Iranian oil, Tehran responded by saying its readiness to close the Strait of Hormuz. Actions by the US Investors are now forced to increase purchases of oil contracts, thus,
GBP / USD recommendation: Buy 1.2960 / 1.2945, and take profit 1.3030
The dollar yen pair USDJPY Forex forecast for today 23/04/2019
The last six trading days in a row with USD / JPY is trading in a narrow range of 111.76 -112.16. Today, probably, in the beginning traders waiting for the depreciation to the lower end of the range, then the market will turn upward. There are two reasons for the growth of the USD / JPY to 112.60 on this trading week.
First, America will come a large number of corporate reporting. Today will publish data such giants as Coca-Cola, Procter & Gamble, Verizon, eBay. The largest number of reports will be published this week on Thursday and Friday. Investors are waiting for a positive corporate statistics that have a positive impact on the US stock market indices and a pair USDJPY, which has a direct correlation with the # SP500.
The second on April 25, the Bank of Japan expressed the need for an enabling policy for a long time, which is also a positive impact on quotations of the pair.
USD / JPY recommendation: Buy 111.76 / 111.50 and take profit 112.30