
Forex Forecast March 13, 2018
Events today:
15:30 MSK. US: Consumer Price Index for February (the previous value of 2.1% y / y, forecast 2.2% y / y).
The euro dollar forecast EUR / USD pair today 03/13/2018
The main event today for the players on the EURUSD pair is a report on inflation in the United States in February. Leading indicators point to a rise in consumer prices within the median forecasts, this short-term support greenbacks. In America, employment growth, average earnings and the increase in energy prices - all of these factors point to the inflation rate. Debt market also gives a signal about the development of the downward trend of the euro - the yield of the German 10-year bonds fall to the British and US bonds
EUR / USD recommendation: Sell 1,2335 / 1,2355 and take profit 1,2272.


The pound dollar pair forecast GBP / USD today 13/03/2018
Mixed background today in the forex players waiting for pound against the American. On the one hand, the British quotations may show growth against the backdrop of positive on the bond market, where the yield of British 10-year bonds rising to US and German securities. However, as noted above, in the second half of the session can be observed the growth of the US currency against the background of the release of positive macroeconomic statistics. It's hard to understand which of the two factors will have a greater impact on the course of trading.
GBP / USD recommendation: flat 1,3845-1,3935.

The dollar yen pair forecast USD / JPY today 13/03/2018
Traders should buy the USD / JPY Buy amid rising stock markets, which are closely correlated pair. The index of the Tokyo Stock Exchange adds a little more than 1% growth in the US lidar paper were high-tech sector - such dynamics indicates a continued interest among investors in relation to risky assets. Since the Japanese yen is used by investors as a funding currency in carry trade operations, the growth of stock markets will exert downward pressure on it.
USD / JPY recommendation: Buy 106,57 / 106,35 and take profit 107,05.

Aleksandr Goryachev
Company analyst FreshForex
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