Currency market forecast for November 26, 2015 EUR / USD
News forex traders note:
US bank holiday, Thanksgiving.
Today, the euro against the dollar EUR / USD forecast for 11/25/2015
Yesterday's forex published positive data from America on orders for durable goods and claims for unemployment brought the EUR / USD to a new low for the past seven months and the players again reinforced expectations that the FED will go to the tightening of monetary policy December 16 . In trading today, the players on the euro with the dollar worth waiting for trade in a sideways channel. Important data on this day will not be published, furthermore, day off in America. US traders are gone for a long weekend to celebrate Thanksgiving in a good mood - greenbacks trading at multi-year highs. Although today against the background of low liquidity should not expect break the resistance level of 100.38 dollar index basket (USDX) The most likely scenario - the consolidation in the psychological level of 100.00, with the aim of a set of long positions for the further continuation of growth.
Recommendations traders in the euro / dollar: Today at auction on the currency market the euro is likely an American flat is in the range 1.0570 -1.0670.
Euro / dollar levels for today: support levels 1.0617 - 1.0520 and resistance levels: 1.0673 -1.0712.
Today the pound against the dollar GBP / USD forecast for 11/26/2015
Today, sterling paired with greenbacks likely a slight increase in prices. The yield on British government bonds on the debt market for the past two consecutive trading days rose to their American and German counterparts, which increases the attractiveness of investing in the assets of Albion. As in America today off - due to the low liquidity of buyers pound will open long positions, based on the development of corrective upside. Although the strong growth of the pound with American GBP / USD should not count, as the dollar index is in the multi-year highs, and positive data from the United States signaled the continuation of growth. Do not leave without attention and continued decline in oil prices, which may begin at any time, it will support the quotation of the American currency. US Department of Energy yesterday reported about growth stocks as crude oil and gasoline.Oil reserves are growing for nine consecutive weeks, gasoline inventories increased for the second week.
Recommendations for the pair GBP / USD: Today, traders pound green in early trading on the forex market is to buy a pair GBPUSD Buy pound reduction to the level of 1.5100 / 1.5080 and put profit at 1.5150.
Pound / dollar levels for today: support levels: 1.5101 - 1.5052 and resistance levels: 1.5169- 1.5206.
Today, the dollar and the yen USD / JPY forecast for 11/26/2015
Players pair dollar yen in the first half of trading on the forex market is waiting for the predominance of bullish sentiment amid rising demand for "risky assets". Stocks in Europe and North America rose in yesterday's trading, the leader of growth were the high-tech sector, and retail. Growth of "risk appetite" of investors will increase carry trade operations through the Japanese yen as a funding currency and thus embolden "bulls" for opening long positions. In the second half of trading on the foreign exchange market due to the low liquidity and the absence of US traders should not expect trade in flat.
Recommendations for the dollar and the yen (USDJPY): Today, traders at the auction in the first half worth buying a couple of dollar yen Buy's price cut to 22.60 / 122.30 and close the transaction at the level of 123.20.
The dollar and yen levels for today: support levels: 122.61 - 121.22 and resistance levels: 123.00 - 123.60.