Events traders today:
11:30 MSK. UK: Changing the level of average earnings for March (previous value 2.8% 3m / g, 2.7% prediction 3m / g).
15:30 MSK. US: Retail Sales for April (the previous value of 0.6% m / m forecast 0.4% m / m).
The euro to dollar forecast EUR / USD pair today 05/15/2018
Players on EUR / USD today are two reasons to open long positions Buy based on the growth of quotations to the psychological level of 1.20.
The first reason, the yield on German 10-year bonds on the bond market is growing by the British and US bonds, this is positive for the currency of the Old World.
The second reason the US retail sales data for April, is not likely to please market participants. average earnings growth rate is slowing down, and inflation increases - real incomes are reduced, which is negative for the retail sector.
EUR / USD recommendation: Buy 1,1930 / 1,1910 and take profit 1,2000.
Company analyst FreshForex