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Main » 2018 » September » 13 » Forex forecast for today 09/13/2018: greenbacks again under pressure
Forex forecast for today 09/13/2018: greenbacks again under pressure


The US currency is somewhat reduced after the publication of the release of the producer price statistics in the US, which showed a slowdown in inflation. While all these movements as a whole are within recent ranges. But today is saturated with all kinds of events. Meetings of the Bank of England and the ECB, as well as the release of statistics from the US, this time to the consumer price index may result in further recovery of market activity. 

Prediction EURUSD - 1.1640-50 zone continues to attempt to restrain the growth of the pair. Demand zone is confident about 1.1570, and while it is not passed, the higher growth of 1.1650 is not excluded.





GBPUSD - pair fixed above 1.3000, 1.3000-1.3050 range until the second half of the day. 

USDJPY - There is not observed serious volatility, the pair moves within the range of 111.20-111.70. 

EURCHF - pair stays below 1.1300, the range of 1.1250-1.1300. 

AUDUSD - pair bounced from lows below 0.7100. Today the range of 0.7150-0.7200, and further growth is also likely. 

NZDUSD - 0.6500 mark and remained unclimbed, today the range has shifted upwards and reach 0.6540-0.6570. 

USDCAD - pair approached the 1.3000 mark, the range of 1.2980-1.3030. 

Gold - strong growth above 1200 took place, the new range is now 1200-1210, and 1210 - quite strong resistance level.

Brent crude oil - the range of 78.50-79.50 saved. Height yesterday encountered difficulties around 79.80, which confirms the presence of sales in the band 79.80-80.00. 

USDRUB - the Russian currency continued to strengthen against the backdrop of weakening the overall strength in geopolitics, as well as a general increase in risk appetite. The pair moves lower range is 68.70-69.20 today. In this case, the ruble will continue to overreact to possible new negative. 

BTCUSD - range of 6200-6400 and today remains essentially unchanged.


Forex forecast WELTRADE




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