Events that should pay attention today:
18:00 MSK. USA: Sales of housing in the primary market in November (the previous value of -8.9%, forecast 4.0%).
The euro dollar forex forecast today EURUSD 27.12.2018
For the euro positive background is formed today. Firstly, there is the raw materials market correction - Expensive oil and industrial metals. Since the single European currency has a direct correlation with the goods, it is a positive factor for the "bulls". Second, the news from the United States on new home sales for November will not be able to provide strong support for the dollar, as the tightening of monetary policy the Fed has a negative impact on mortgage lending. That mortgage is the main "driver" of growth of real estate market and now in the United States there is a decrease in lending. Perhaps the revival of the market will be in the first half of 2019, as the FOMC can once again raise rates only at the meeting of June 19 - realtors will actively encourage people to get mortgages, until it has risen.
EURUSD recommendation: Buy 1.1370 / 1.1350, and take profit 1.1425.
Pound dollar forex forecast today GBPUSD 27.12.2018
Brit for trading forex today may show moderate growth of quotations. Strong movements in the market now do not expect, because the Christmas holidays in full swing, however slight strengthening pound today we can see. Upward correction in the oil market will support the pound, because the market there is a strong correlation between GBPUSD and BRENT. In the market of black gold investors are starting to fix "shorts" because they believe that the current oil prices will force American companies for oil shale mining to significantly reduce production. The profitability of oil production in many fields of Texas reserves of $ 50 / barrel, and many manufacturers are experiencing difficulties right now. Today there is a wait BRENT quotations growth in the area of 55.70.
GBPUSD recommendation: Buy 1.2645 / 1.2635, and take profit 1.2690.
Dollar yen forex forecast pair today USDJPY 27.12.2018
Asia and North America, recovery of stock markets points to the growth of quotations in a given currency pair. On the eve of a few American private pension funds reported that they were actively buying shares on the NYSE in the last 5 trading days. According to representatives of fund current levels of stocks are attractive for opening long positions. The arrival of new money, and on a large scale, it has been well received by the market participants, and today we are seeing significant gaps in many areas. It is impossible to ignore the statement of the US trade representative - in the middle of January, officials of the organization to visit Beijing for the harmonization of trade issues. For the USDJPY pair is a positive signal because it historically has a strong correlation with the equity markets.
USDJPY recommendation: Buy 111.10 / 110.90 and take profit 111.61.