Forex. The forecast for the euro / dollar (EUR / USD) as of today
At the auction on Wednesday, the dollar continued to decline against the euro and to most world currencies after the US came on the eve of weak data on the volume of orders for durable goods. The overall volume in March grew by only 0.8%, while the forecast assumed to increase to 1.9%.
However, the dynamics of trading remained very moderate, as market participants did not want to take risks in the run-up to the key events of the week - publication of the decision on the monetary policy of the US Federal Reserve. Informational background while remained fairly saturated, with fundamental data continued to support the euro. Posted index of import prices in Germany was higher than forecast in the month, and year on year; It turned out to be more optimistic and leading index of consumer climate. This allowed the "bulls" to lead the single currency from Asian lows (1.1294) and continue to trade in a narrow sideways range near the maximum reached on the eve of - 1.1339. At the same time during the day pairs course three times unsuccessfully tested this level, but to overcome it and to gain a foothold above failed, despite the fact that the final statement of the Fed on rates provided EUR \ USD short-term surge in volatility. The statement did not contain any hint of the imminent review of interest rates, although the former focus on the global financial and economic problems has been removed. Thus, the FOMC statement was quite balanced and did not provide any benefits "bulls" or "bears". As a result, the single currency touched quotes only short-term level of 1.1361, and then quickly returned to the old price dynamics, ending the trading session at the 1.1320 price level.
Euro Forecast for today expect - turn and the pair renewed depreciation of the single European currency to the following target levels: 1.1280; 1.1248; 1.1216; 1.12; 1.1177 and 1.1150.
Forex. The outlook on the pound / dollar (GBP / USD) as of today
National Bureau of Statistics reported yesterday that in the 1st quarter of the current year the volume of UK GDP grew by 0.4% after rising 0.6% in the 4th quarter of 2015. In annual terms, the GDP volume growth remained at the level of expectations - 2.1%. Overall, the data were quite positive and favorable sentiment against the British pound remained. Currencies even showed a slight increase, recording a daily high at around 1.4620. At the same time, on the eve of the announcement of the results of FOMC meeting investors in no hurry to open new positions on the British currency. Currency pair consolidated in a narrow sideways range, and almost did not react to the Fed's accompanying statement, which was enough soft and retains the uncertainty in the timing of further rate hikes. A short-term drop in the currency at the time of release to the Fed's statement the previous day's 1.4472 was immediately compensated by corrective back, during which the pound \ dollar and finished the trading session.
Pound Dollar forecast for today expect - another attempt to test on the rise the previous local maximum 1.4637. Next, we look for a reversal of the British currency to reduce to the following purposes: 1.45; 1.4472;1.4458; 1.4410 and possibly lower towards 1.4383 price level.
Forex. Gold price forecast for today 28/04/2016
The price of gold exceeded $ 1250 mark yesterday ounce on weak macroeconomic data from the United States.The market of precious metals had a weakening of the dollar caused by the March orders for durable goods and consumer confidence index in April, not by reaching the forecast. Against this background, the cost of the June gold futures trading results increased by $ 2.75 - to the level of $ 1245.36 per troy ounce.
As of this morning near significant resistance for gold passes through the price level - $ 1248 per ounce. The breakdown of this resistance when moving upward, the metal will continue to rise for the following purposes: - 1251 $; $ 1255 and $ 1265 per ounce. Immediate support for gold is located at $ 1243 weekly reversal ounce. If it is passed it will be possible to further decrease in metal price levels: $ 1238; $ 1232 and $ 1226 per troy ounce.
Gold forecast for today expect - the completion of the previous metal correction, reversal and resumption of reducing the value of gold to the above targeted levels of support.
Forex. The forecast rate of silver today
Silver in yesterday's auction also increased slightly, showing a rather sluggish reaction to the results of a two-day meeting of the Committee of the Federal Reserve System. Following the auction, the price of May silver futures increased by 8 cents - to the level of $ 17.23 per troy ounce.
As of this morning near term resistance for silver goes through the price level - $ 17.40 per ounce. If resumed the upward movement, and this resistance is broken, followed by a continuation of the rise to the target level - $ 17.75; $ 18; $ 18.18 and up in the direction of $ 18.48 per ounce. Immediate support for the silver is located at the weekly reversal - $ 16.90 an ounce. If quotes overcome it - will continue to decline further in the direction of price levels - $ 16.65; $ 16.35 and $ 16.12 per ounce.
Gold forecast for today assume - end side of the metal correction, reversal and resumption of reducing the value of silver to the above targeted levels of support.
The economic calendar Thursday - the focus of the market would be the decision of the Reserve Bank of New Zealand on the basic interest rate, as well as the accompanying statement to the decision. The changes are not expected, standard rates will be kept at the same level - 2.25%.
Today, the Bank of Japan will make its decision on the basic interest rate; comment on the monetary policy and data on the annual growth of the monetary base. Changes in the rate are not expected, the specification it will be stored on the same level - minus 0.1%. In addition, a press conference the head of the Bank of Japan - Haruhiko Kuroda. Considerable attention will cause investors to April index of consumer prices - in Germany as well as US data: - the dynamics of GDP volume for the 1st quarter; personal consumption expenditures index;the number of initial applications for unemployment benefits and the index of manufacturing activity from the Federal Reserve of Kansas. Among other indicators - Japan will present the outlook for economic activity in prices; March consumer price index, as well as the April data on the labor market, including the level of unemployment (previous rate - 3.3%) and the proportion of the economically active population. There are also published - changes the volume of retail trade for March; March level of household expenditure; Data on volume of bookmarks of new foundations and March industrial production. In addition, Japan will present the March data on the volume of foreign investments in the country's economy and the volume of capital invested abroad.Australia is to publish today the indices of export and import prices for the 1st quarter. The euro zone will publish an indicator of business environment, as well as the April index of consumer and economic confidence in industry and services sectors.
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