The euro dollar forex EUR / USD forecast for today 26/03/2018
Today the foreign exchange market of important macroeconomic statistics will not, on this background forex players should not expect calm trading. The priority on sale today, as the debt market negative for the euro. The yield on German 10-year bonds fall to the British and US bonds, this will put pressure on the euro. It is likely that the strong sales EUR / USD should not wait, as gold and oil quotations demonstrate strong growth, which is positive for the euro.
EUR / USD recommendation: Sell 1,2380 / 1,2399 and take profit 1,2335.
Pound dollar forex forecast GBP / USD today 26/03/2018
Forex traders today, for two reasons dlinnnye open Buy position on GBP / USD.
First, the credit market dynamics gives a signal that investors are ready to buy a pound. The yield on British 10-year bonds rising to the German and American securities.
Second, the positive dynamics of the commodity on the oil market, as well subtree British, because of the strong correlation of GBP / USD and Brent. Investors are snapping up oil contracts as OPEC may extend the agreement to limit oil production to the end of 2019.
GBP / USD recommendation: Buy 1,4144 / 1,4120 and take profit 1,4185.
Dollar yen forex forecast pair USD / JPY today 03/26/2018
The pair USD / JPY situation is ambiguous. On the one hand, there is a likelihood of depreciation of the dollar, the yen against the background of negative debt market. Investors panic sell stocks around the world, because they are afraid of trade wars that the United States initiated. USD / JPY pair has a strong correlation with the stock market and in this context, it will also show weakness. On the other hand, the yield differential of US and Japanese 10-year bonds demonstrates the growth that can have a positive impact on the dollar.
USD / JPY recommendation: flat 104,50-105,40.
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