15:30 MSK. USA: Change in orders for durable goods in March.
The euro dollar forex EURUSD forecast for today 25/04/2019
Today, the pair EUR / USD forex traders to open short three reasons Sell position.
First, the yield on German 10-year bonds in the debt market falls to American and English papers, it is a negative factor for the euro.
Second, index # DAX30 shows rapid growth, which is also negative for the euro, due to the inverse correlation of the two instruments.
Third, the US dollar is now rising strongly against the currencies of emerging markets (South Africa, Brazil, Mexico, Russia), which traditionally puts pressure on the euro.
EUR / USD recommendation: Sell 1.1170 / 1.1190, and take profit 1.1135
Pound dollar forex forecast pair GBPUSD today 25/04/2019
Today, the players in the pair GBP / USD waiting for like a negative and positive for the pound. Of positive news. Briton could support the market for raw materials, BRENT quotes are set to test the level of $ 75 / barrel. The oil market is in tension against the backdrop of tightening sanctions over Iran and Venezuela, and investors continued to build positions in oil contracts. This factor has a positive impact on the cost of the British currency, due to the direct correlation GBPUSD and BRENT. From negative for sterling - dollar index USDX basket exhibits powerful uptrend that will have a negative impact on the dollar competitors. Under the strong sales on Wednesday hit emerging market currencies. Pound today may also experience difficulties. In my opinion, a pair GBPUSD today it is better not to sell, and to draw their attention to a pair EURGBP, which shows a strong downward trend due to the weakness of the euro debt market. This pair can be sold to the Target 0.8591.
GBP / USD recommendation: flat 1.2870 - 1.2959
The dollar yen pair USDJPY Forex forecast for today 25/04/2019
Traders in the pair USD / JPY long positions today Buy into account the growth of quotations in the area of 112.80. The Japanese yen is the currency №1 funding in carry trade operations and against the demand for "risky assets", the USDJPY shows growth. Investors are actively buying risky assets - we see a rise in the cost of oil, copper stocks in North America. "Safe assets" - primarily gold, cheaper is not the first day. For the "bulls" in the USDJPY pair is a good sign. Yes, a pair of sandwiched in between, and has not yet shown strong growth, but this is a temporary situation. In my opinion, the correlation with the index # SP500 necessarily recover, and we will see a strong growth of quotations pair USD / JPY.
USD / JPY recommendation: Buy 112.10 / 111.85 and take profit 112.80