Forecast April 19, 2016, EUR / USD
News forex traders today:
- 12.00 MSK. Germany: Consumer Sentiment Index in the business environment from the ZEW Institute in April (the previous value of 4.3; forecast 8.2).
- 15.30 MSK. USA: The volume of building permits issued in March (the previous value of 1,177M; 1,200M forecast).
Forex. The forecast of the euro against the dollar today EUR / USD 19.04.2016
In European trading session should be pay attention to the publication of data from the ZEW institute.
This indicator shows a negative trend and only data output above 10.3 n. Is able to support the single European currency. Htya, against the background of low inflation expectations, reduce the demand for European products on foreign markets, as well as the strengthening of the euro to count on a positive release not necessary. Debt market indicates a growing pessimism about European assets: the yield on 10-year German government bonds is reduced in relation to the English and American.
Trading recommendations for the euro dollar pair on 4/19/2016 : forex traders today is selling a pair Sell on price increases to the levels of 1.1330 / 1.1360 and 1.1270 on the close of the transaction.
Forex. Prediction of the pound against the dollar today GBP / USD 19.04.2016
Traders on the pound against the US dollar is worth waiting for the growth of quotations, for two reasons.
First , the credit markets increases the yield on 10-year British government bonds to US and German, it increases the attractiveness of investment in the United Kingdom assets.
Second , reports on consumer spending in America today do not allow to count on strong output data on the volume of building permits issued. Against the background of a low base of the last three months (from December to February index decreased by 9.19%) today, we can expect growth of the indicator within the median forecasts. In this regard, greenbacks receives strong support in the afternoon.
Trading recommendations for the pound dollar pair on 19/04/2016 : Players on the pound against the greenbacks worth buying a pair Buy on dips today pound to 1.4230 / 1.4200 and 1.4280 on the Target.
Forex. The forecast of the dollar against the yen today USD / JPY 19.04.2016
Today, the dollar against the yen in the first half of trading players are two reasons to wait for moderate growth.
First , the yield on German and US bonds widens, it is positive for the dollar.
Second , risky assets finished trading Monday in the "green zone", this can cause the growth of quotations on the Tokyo Stock Exchange, and put additional pressure on the yen as a funding currency.
In the second half of the foreign exchange market trading everything can change. Today, its corporate releases in the first quarter will publish the Johnson & Johnson Company and Philip Morris. As the first company investors expect growth in net profit per share by 8.5% and on the second decline by 4.3%. In my opinion, for both companies, we will see the weak data, amid falling demand in foreign markets that disappointed traders. In this context, the stock market can already go down that would lead for a couple and USD / JPY.
Trading recommendations for the dollar yen pair on 19/04/2016 : Market participants on the dollar against the yen is worth waiting for the flat today in the range of 108.20 -109.30.
Analyst « FreshForex »