Forecast for June 27, 2016
News forex traders today:
It is not expected of important macroeconomic statistics.
Forex forecast for the euro against the dollar EUR / USD as of today June 27, 2016
On the first trading day of the week it is not expected to important macroeconomic statistics, and investors will continue to act out Brexit. Economists said Friday that Britain's output of ES will have a strong negative impact on the economy of the United Kingdom, however, the negative effects for the eurozone will be no less in terms of capital flight. The yield on 10-year government bonds of Germany is already confident in the negative area. Investors in the mortgage bond market quotes of further easing of monetary policy by the ECB. This factor will have a strong pressure on the single European currency.However, FRSM, too, will not raise rates and that is good for the pair EUR / USD will say many traders. FED really not be able to raise interest rates in the current environment, but to soften its monetary policy, he also will not be, and in this regard, the bears will be a strong trump card.
Against this background, during the day should be opened Sell position on the growth of quotations to 1.1180 / 1.1220 and take profit at the level of 1.1010.
Forex forecast for the pound dollar GBP / USD today 27/06/2016
The British actively collecting signatures to hold a new referendum. This is to be expected, since the gap in votes was negligible, and the number of opponents Brexit was very high. Scotland reiterated the possibility of holding a referendum on leaving the UK.Uncertainty on foggy Albion is growing and this will put pressure on the pound. Most drivers do not have to change quotations today. However, and this event is enough to see strong volatility during the day.
Against this background, during the day should be opened Sell position on the growth of quotations to 1.3800 / 1.3900 and take profit at the level of 1.3500.
Forex forecast on the course today, the dollar JPY USD / JPY 27.06.2016
Capital flight from risky assets uniquely negative impact on this currency pair and, in this regard, we must actively open Sell position. However, there is one risk factor for such a position, whose name is the Bank of Japan. Monetary authorities on Friday pointed to undesirable for the economy strong appreciation of the yen and readiness at any moment to intervene to stabilize the market situation. Thus, the controller can at any time to enter the market and short positions in the currency pair will be unprofitable.
Against this background, during the day can be expected within the flat range 99.00 -103.00.
Analyst « FreshForex »