Events that should pay attention today:
15:30 MSK. Eurozone: ECB Press Conference.
15:30 MSK. USA: Change in orders for durable goods in March (the previous value of 3.1% m / m forecast 1.3% m / m).
The euro dollar forecast EUR / USD at today 04/26/2018
Today igrrokam worth waiting for the high volatility on the EUR / USD. Initially, we expect decline of the euro quotations against the background of the negative dynamics of the credit markets, where yields on 10-year German government bonds SNI progressively with respect to their counterparts from the United States and Germany. Spread Germany / USA updated at least three, and in this respect, I expect decline of the euro quotations to 1.2145 / 1.2120. Then I expect growth of quotations on the background of positive comments from the ECB. Mario Draghi today can raise the forecast for inflation in the euro area in the second half of 2018 due to the increase of oil prices. Investors will take profit on short positions, which will cause a rollback up the euro.
EUR / USD recommendation:
Sell 1,2185 / 1,2205 and take profit 1,2145.
Buy 1,2140 / 1,2120 and take profit 1,2180.
Forex Pound Dollar exchange rate forecast pair GBP / USD today 04/26/2018
GBP / USD long positions Buy for two reasons. First, the debt market is observed increase in yields on 10-year UK government bonds relative to their counterparts in the United States and Germany, which will provide support to the pound. Second, investors are increasing their long positions on the market of black gold, which is also positive for the pound because of the strong correlation of GBP / USD and Brent. On the eve of traders ignored weak statistics from the US stocks and oil production - the market can not break through the support level of 72.68 for Brent grade. In this regard, we can conclude that the market is now a lot of buyers who are building up the "Long" and very soon we will see a continuation of the upward trend and the increase in oil to $ 75.40 / barrel.
gbp / usd recommendation: Buy 1,3935 / 1,3910 and take profit 1,3975.
Dollar yen forex forecast for today USD / JPY 26 / 04.2018
The last six trading days, the pair shows the growth of quotations and many traders worried about the logical question: when will downward correction? In my opinion, today we do not see a correction, since there are two reasons for the continuation of the uptrend. Firstly, on the long market differents IAL yield of 10-year US and Japanese bonds today updated the nine-month high, which is a positive factor for the pair and indicates the growth of quotations to the psychological level of 110.00. Secondly, today and tomorrow, I expect the US market share growth, which also have a positive impact on the pair, in view of the strong correlation of USD / JPY and the S & P500. Boeing company and Facebook on Wednesday night have reported an increase in profit by more than 55%, which is a positive factor for the US stock market.
USD / JPY recommendation: Buy 109,15 / 108,90 and take profit 109.70.
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